340 Vanessa DrWest AlexandriaOH45381
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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 West Alexandria at 340 Vanessa Dr, West Alexandria, OH, 45381 offers a 9.15% rental yield on a $360,000 purchase with $2,744/mo rent. Total monthly income registers $2,744/mo, and a $1,762/mo payment leaves $376/mo available for distribution. Annual cash flow reaches $4,512/yr on $119,340 to close, and return on cash invested stands at 23.69% in year one. Equity gained on principal adds $2,323/yr while 5% annual appreciation supports $99,461 over five years. Portfolio math shows five-year ROI at 123.61% and total cumulative return in cash at $147,513. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,744/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45381, West Alexandria, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,115 (100%) |
| Owner Occupied HU | 1,588 (75.1%) |
| Renter Occupied HU | 346 (16.4%) |
| Vacant Housing Units | 181 ( 8.6%) |
| Median Home Value | $233,700 |
| Average Home Value | $294,884 |
Housing Distribution
Address Breakdown
Residential
2,200
Single Family
2,200
Multi-Family
0
Businesses
104
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Listed by: Linda Hendershot • Coldwell Banker Heritage
Mls Name: DABR MLS
Mls Provider:
Mls ID: #892381
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright Dayton Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.