39 Heckathorn RdBrookvilleOH45309
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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 Brookville at 39 Heckathorn Rd, Brookville, OH, 45309 uses $104,423 cash to close to unlock $6,285/yr annual cash flow and $524/mo monthly cash flow. Total monthly income runs $2,596/mo, and a $1,542/mo payment keeps the spread at $524/mo. Purchase price stands at $315,000, and rental yield measures 9.89% with $2,596/mo rent. Return on cash invested shows 25.93% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 135.63% and total cumulative return in cash records $141,629. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,596/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 1995
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45309, Brookville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,180 (100%) |
| Owner Occupied HU | 3,655 (70.6%) |
| Renter Occupied HU | 1,214 (23.4%) |
| Vacant Housing Units | 311 ( 6.0%) |
| Median Home Value | $284,564 |
| Average Home Value | $286,694 |
Housing Distribution
Address Breakdown
Residential
5,151
Single Family
5,048
Multi-Family
103
Businesses
274
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Listed by: Donna M Price • Irongate Inc.
Mls Name: DABR MLS
Mls ID: #938586