407 Cherrywood DrFairbornOH45324
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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 Fairborn at 407 Cherrywood Dr, Fairborn, OH, 45324 earns $647/mo cash flow from $2,219/mo rent with a $1,170/mo payment. Total monthly income totals $2,219/mo, and annual cash flow totals $7,760/yr on $79,229 capital. ROI tracks 29.7% on current figures, and rental yield reads 11.14% at a $239,000 purchase. Equity gained on principal adds $1,542/yr, and 5% annual appreciation supports $66,031 over five years. Five-year ROI reaches 155.88% and total cumulative return in cash sums $123,504. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,219/mo property income instead of your personal income.
Single Family
Built in 1964
10,010 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45324, Fairborn, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,732 (100%) |
| Owner Occupied HU | 9,659 (49.0%) |
| Renter Occupied HU | 8,751 (44.3%) |
| Vacant Housing Units | 1,322 ( 6.7%) |
| Median Home Value | $226,164 |
| Average Home Value | $267,907 |
Housing Distribution
Address Breakdown
Residential
19,348
Single Family
16,500
Multi-Family
2,848
Businesses
911
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