400 E Park StFort LoramieOH45845
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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 Fort Loramie at 400 E Park St, Fort Loramie, OH, 45845 priced at $419,000 pairs $3,000/mo rent with $244/mo cash flow after a $2,051/mo payment. Total monthly income equals $3,000/mo, and annual cash flow comes to $2,924/yr on $138,899 invested. Return on cash invested is 22.01% in year one, and rental yield stands at 8.59% on a $419,000 basis. Equity gained on principal adds $2,704/yr, and 5% annual appreciation accumulates to $115,762 by year five. Five-year ROI measures 114.65% and total cumulative return in cash reaches $159,245. For financing, Ziffy Mortgage’s DSCR program evaluates $3,000/mo property income against a $2,051/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2021
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45845, Fort Loramie, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,279 (100%) |
| Owner Occupied HU | 1,068 (83.5%) |
| Renter Occupied HU | 158 (12.4%) |
| Vacant Housing Units | 53 ( 4.1%) |
| Median Home Value | $350,289 |
| Average Home Value | $388,134 |
Housing Distribution
Address Breakdown
Residential
1,140
Single Family
1,140
Multi-Family
0
Businesses
112
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Listed by: Ryan Will • Hemmelgarn Real Estate
Mls Name: WRIST
Mls Provider:
Mls ID: #1035973
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.