3817 Portrush WayAmeliaOH45102
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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 Amelia at 3817 Portrush Way, Amelia, OH, 45102 offers a 8.43% rental yield on a $320,000 purchase with $2,248/mo rent. Total monthly income registers $2,248/mo, and a $1,566/mo payment leaves $143/mo available for distribution. Annual cash flow reaches $1,720/yr on $106,080 to close, and return on cash invested stands at 21.53% in year one. Equity gained on principal adds $2,065/yr while 5% annual appreciation supports $88,410 over five years. Portfolio math shows five-year ROI at 112.07% and total cumulative return in cash at $118,887. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,248/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2008
2,282 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45102, Amelia, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,731 (100%) |
| Owner Occupied HU | 7,591 (70.7%) |
| Renter Occupied HU | 2,685 (25.0%) |
| Vacant Housing Units | 455 ( 4.2%) |
| Median Home Value | $267,817 |
| Average Home Value | $283,757 |
Housing Distribution
Address Breakdown
Residential
10,192
Single Family
9,003
Multi-Family
1,189
Businesses
464
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