346 Fairway DrFairbornOH45324
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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 Fairborn at 346 Fairway Dr, Fairborn, OH, 45324 generates $2,062/mo in rent and, after a $1,353/mo payment, leaves $244/mo in cash flow. Total monthly income is $2,062/mo, and annual cash flow is $2,923/yr on $91,660 invested. Return on cash invested sits at 23.1% in year one, and rental yield is 8.95% on a $276,500 entry. Equity gained on principal adds $1,784/yr, while 5% annual appreciation builds toward $76,392 over five years. Five-year ROI reaches 120.46% and total cumulative return in cash sums $110,414. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,062/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
9,944 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45324, Fairborn, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,732 (100%) |
| Owner Occupied HU | 9,659 (49.0%) |
| Renter Occupied HU | 8,751 (44.3%) |
| Vacant Housing Units | 1,322 ( 6.7%) |
| Median Home Value | $226,164 |
| Average Home Value | $267,907 |
Housing Distribution
Address Breakdown
Residential
19,348
Single Family
16,500
Multi-Family
2,848
Businesses
911
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