362 Ridgewood 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
Investment property for sale in Fairborn at 362 Ridgewood Dr, Fairborn, OH, 45324 at $280,000 posts ROI 26.67% with $523/mo cash flow from $2,364/mo rent. Total monthly income equals $2,364/mo, and annual cash flow records $6,272/yr on $92,820 to close. Return on cash invested measures 26.67% and rental yield reads 10.13% at the current $280,000. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 by year five. Five-year ROI prints 139.6% and total cumulative return in cash totals $129,573.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,364/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
10,010 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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