38 Nightingale TrlEnonOH45323
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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 Enon at 38 Nightingale Trl, Enon, OH, 45323 uses $99,019 cash to close to unlock $8,450/yr annual cash flow and $704/mo monthly cash flow. Total monthly income runs $2,669/mo, and a $1,462/mo payment keeps the spread at $704/mo. Purchase price stands at $298,700, and rental yield measures 10.72% with $2,669/mo rent. Return on cash invested shows 28.44% in year one, and 5% annual appreciation builds toward $82,525 over five years. Five-year ROI reaches 149.15% and total cumulative return in cash records $147,684. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,669/mo property income covering a $1,462/mo payment rather than investor’s personal income.
Single Family
Built in 1977
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45323, Enon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,330 (100%) |
| Owner Occupied HU | 1,702 (73.0%) |
| Renter Occupied HU | 509 (21.8%) |
| Vacant Housing Units | 119 ( 5.1%) |
| Median Home Value | $193,907 |
| Average Home Value | $239,175 |
Housing Distribution
Address Breakdown
Residential
2,248
Single Family
2,248
Multi-Family
0
Businesses
138
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