390 David Lee CtMonroeOH45050
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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 Monroe at 390 David Lee Ct, Monroe, OH, 45050 offers $3,562/mo rent that, after a $3,621/mo payment. Total monthly income is $3,562/mo. Return on cash invested measures 13.63% in year one, and rental yield stands at 5.78% at a $739,900 entry. Equity gained on principal adds $4,774/yr while 5% annual appreciation compounds into $204,421 by year five. Five-year ROI records 69.65% and total cumulative return in cash reaches $169,551. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,562/mo property income versus a $3,621/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45050, Monroe, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,266 (100%) |
| Owner Occupied HU | 3,235 (75.8%) |
| Renter Occupied HU | 916 (21.5%) |
| Vacant Housing Units | 115 ( 2.7%) |
| Median Home Value | $330,977 |
| Average Home Value | $347,472 |
Housing Distribution
Address Breakdown
Residential
4,427
Single Family
4,338
Multi-Family
89
Businesses
573
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