329 Ridgeview LnMonroeOH45050
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Monroe at 329 Ridgeview Ln, Monroe, OH, 45050 uses $104,091 cash to close to unlock $2,561/yr annual cash flow and $213/mo monthly cash flow. Total monthly income runs $2,279/mo, and a $1,537/mo payment keeps the spread at $213/mo. Purchase price stands at $314,000, and rental yield measures 8.71% with $2,279/mo rent. Return on cash invested shows 22.37% in year one, and 5% annual appreciation builds toward $86,752 over five years. Five-year ROI reaches 116.57% and total cumulative return in cash records $121,335. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,279/mo property income covering a $1,537/mo payment rather than investor’s personal income.
Single Family
Built in 1995
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45050, Monroe, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,266 (100%) |
| Owner Occupied HU | 3,235 (75.8%) |
| Renter Occupied HU | 916 (21.5%) |
| Vacant Housing Units | 115 ( 2.7%) |
| Median Home Value | $330,977 |
| Average Home Value | $347,472 |
Housing Distribution
Address Breakdown
Residential
4,427
Single Family
4,338
Multi-Family
89
Businesses
573
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