381 Mollie DrHamiltonOH45013
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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 Hamilton at 381 Mollie Dr, Hamilton, OH, 45013 offers $2,309/mo rent that, after a $1,468/mo payment, leaves $336/mo cash flow. Total monthly income is $2,309/mo, and annual cash flow is $4,032/yr on $99,450 cash. Return on cash invested measures 23.96% in year one, and rental yield stands at 9.24% at a $300,000 entry. Equity gained on principal adds $1,936/yr while 5% annual appreciation compounds into $82,884 by year five. Five-year ROI records 125.08% and total cumulative return in cash reaches $124,392. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,309/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
0.26 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 45013, Hamilton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,792 (100%) |
| Owner Occupied HU | 15,596 (68.4%) |
| Renter Occupied HU | 6,058 (26.6%) |
| Vacant Housing Units | 1,138 ( 5.0%) |
| Median Home Value | $285,700 |
| Average Home Value | $325,318 |
Housing Distribution
Address Breakdown
Residential
22,285
Single Family
20,294
Multi-Family
1,991
Businesses
776
Price History
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-17 | $3620.64 | 23.76% | $86,200 | 47.20% |
| 2022-03-17 | $2925.56 | 14.35% | $58,560 | 3.66% |
| 2021-03-17 | $2558.44 | -4.00% | $56,490 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1997
- Architectural Style: Ranch
- Building Area: 2,102
- Living Area: 2,102 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Natural Gas
- Cooling: Central Air
- Flooring: N/A
- Interior Features: Pantry, Walk-In Closet(s)
- Exterior Features: Deck, Patio
- Parking Features: Garage, Two Car Garage
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Natural Gas Available, Water Available
- Sewer: N/A
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Jeffrey Boyle • Keller Williams Advisors Rlty
Mls Name: DABR MLS
Mls Provider:
Mls ID: #929763
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.