3749 State Route 705 EFort LoramieOH45845
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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 Fort Loramie at 3749 State Route 705 E, Fort Loramie, OH, 45845 generates $2,107/mo in rent and, after a $1,224/mo payment, leaves $462/mo in cash flow. Total monthly income is $2,107/mo, and annual cash flow is $5,546/yr on $82,875 invested. Return on cash invested sits at 26.6% in year one, and rental yield is 10.11% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 139.29% and total cumulative return in cash sums $115,438. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,107/mo property income rather than buyer’s personal income.
Single Family
Built in 1884
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45845, Fort Loramie, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,279 (100%) |
| Owner Occupied HU | 1,068 (83.5%) |
| Renter Occupied HU | 158 (12.4%) |
| Vacant Housing Units | 53 ( 4.1%) |
| Median Home Value | $350,289 |
| Average Home Value | $388,134 |
Housing Distribution
Address Breakdown
Residential
1,140
Single Family
1,140
Multi-Family
0
Businesses
112
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Listed by: Justin Vondenhuevel • Gay Smith/Associates
Mls Name: WRIST
Mls Provider:
Mls ID: #1034965
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.