36 E 3rd StWest AlexandriaOH45381
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 West Alexandria at 36 E 3rd St, West Alexandria, OH, 45381 offers $1,295/mo rent that, after a $857/mo payment, leaves $143/mo cash flow. Total monthly income is $1,295/mo, and annual cash flow is $1,721/yr on $58,013 cash. Return on cash invested measures 22.88% in year one, and rental yield stands at 8.88% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 119.3% and total cumulative return in cash reaches $69,211. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,295/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
4,356 sqft 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: Austin Doat • eXp Realty
Mls Name: DABR MLS
Mls Provider:
Mls ID: #926978
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.