412 N King StXeniaOH45385
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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 Xenia at 412 N King St, Xenia, OH, 45385 uses $76,212 cash to close to unlock $3,288/yr annual cash flow and $274/mo monthly cash flow. Total monthly income runs $1,786/mo, and a $1,125/mo payment keeps the spread at $274/mo. Purchase price stands at $229,900, and rental yield measures 9.32% with $1,786/mo rent. Return on cash invested shows 24.22% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 126.47% and total cumulative return in cash records $96,383. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,786/mo property income covering a $1,125/mo payment rather than investor’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45385, Xenia, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,389 (100%) |
| Owner Occupied HU | 11,526 (66.3%) |
| Renter Occupied HU | 4,686 (26.9%) |
| Vacant Housing Units | 1,177 ( 6.8%) |
| Median Home Value | $277,569 |
| Average Home Value | $341,533 |
Housing Distribution
Address Breakdown
Residential
16,718
Single Family
15,555
Multi-Family
1,163
Businesses
866
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