4068 Spanish Bay DrMasonOH45040
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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 Mason at 4068 Spanish Bay Dr, Mason, OH, 45040 priced at $269,900 pairs $2,162/mo rent with $217/mo cash flow after a $1,321/mo payment. Total monthly income equals $2,162/mo, and annual cash flow comes to $2,600/yr on $89,472 invested. Return on cash invested is 22.81% in year one, and rental yield stands at 9.61% on a $269,900 basis. Equity gained on principal adds $1,742/yr, and 5% annual appreciation accumulates to $74,568 by year five. Five-year ROI measures 119.78% and total cumulative return in cash reaches $107,166. For financing, Ziffy Mortgage’s DSCR program evaluates $2,162/mo property income against a $1,321/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2000
583.70 sqft lot
$N/A/sqft
$170 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45040, Mason, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,632 (100%) |
| Owner Occupied HU | 16,616 (73.4%) |
| Renter Occupied HU | 5,052 (22.3%) |
| Vacant Housing Units | 964 ( 4.3%) |
| Median Home Value | $454,409 |
| Average Home Value | $515,027 |
Housing Distribution
Address Breakdown
Residential
21,841
Single Family
18,979
Multi-Family
2,862
Businesses
1,688
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Listed by: Larry Beebe • Comey & Shepherd REALTORS
Mls Name: DABR MLS
Mls Provider:
Mls ID: #929294
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. Copyright Dayton Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.