345 E Enon RdYellow SpringsOH45387
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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
Rental property for sale in Yellow Springs at 345 E Enon Rd, Yellow Springs, OH, 45387 priced at $319,000 converts $2,545/mo rent into $447/mo cash flow after a $1,561/mo obligation. Total monthly income equals $2,545/mo, and annual cash flow totals $5,364/yr on $105,749 invested. Return on cash invested prints 24.98% in year one, and rental yield reads 9.57% against a $319,000 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation compiles into $88,134 by year five. Five-year ROI reaches 130.59% and total cumulative return in cash sums $138,097. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,545/mo property income covering a $1,561/mo payment, not borrower’s personal income.
Single Family
Built in 1958
10,624 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45387, Yellow Springs, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,762 (100%) |
| Owner Occupied HU | 1,850 (67.0%) |
| Renter Occupied HU | 733 (26.5%) |
| Vacant Housing Units | 179 ( 6.5%) |
| Median Home Value | $364,925 |
| Average Home Value | $421,982 |
Housing Distribution
Address Breakdown
Residential
2,523
Single Family
2,484
Multi-Family
39
Businesses
261
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Listed by: David C Guyton II • Glasshouse Realty Group
Mls Name: DABR MLS
Mls ID: #940986