371 Bronx Corner RdRayOH45672
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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 Ray at 371 Bronx Corner Rd, Ray, OH, 45672 generates $1,471/mo in rent and, after a $1,018/mo payment, leaves $103/mo in cash flow. Total monthly income is $1,471/mo, and annual cash flow is $1,234/yr on $68,952 invested. Return on cash invested sits at 21.7% in year one, and rental yield is 8.49% on a $208,000 entry. Equity gained on principal adds $1,342/yr, while 5% annual appreciation builds toward $57,467 over five years. Five-year ROI reaches 112.95% and total cumulative return in cash sums $77,880. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,471/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
3.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45672, Ray, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 851 (100%) |
| Owner Occupied HU | 610 (71.7%) |
| Renter Occupied HU | 125 (14.7%) |
| Vacant Housing Units | 116 (13.6%) |
| Median Home Value | $158,571 |
| Average Home Value | $173,611 |
Housing Distribution
Address Breakdown
Residential
746
Single Family
746
Multi-Family
0
Businesses
10
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Listed by: Brittany Moore • ERA Martin & Associates (C)
Mls Name: Scioto Valley AOR
Mls Provider:
Mls ID: #195744
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. Information is deemed reliable but not guaranteed.