3915 Sparkhill DrEnonOH45323
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3915 Sparkhill Dr, Enon, OH, 45323 offers a 9.76% rental yield on a $225,000 purchase with $1,830/mo rent. Total monthly income registers $1,830/mo, and a $1,101/mo payment leaves $350/mo available for distribution. Annual cash flow reaches $4,203/yr on $74,588 to close, and return on cash invested stands at 25.54% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 133.61% and total cumulative return in cash at $99,657. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,830/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
8,280 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices