420 Snowdrop DrYellow SpringsOH45387
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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 Yellow Springs at 420 Snowdrop Dr, Yellow Springs, OH, 45387 offers $3,437/mo rent that, after a $1,814/mo payment, leaves $945/mo cash flow. Total monthly income is $3,437/mo, and annual cash flow is $11,339/yr on $122,870 cash. Return on cash invested measures 29.14% in year one, and rental yield stands at 11.13% at a $370,650 entry. Equity gained on principal adds $2,392/yr while 5% annual appreciation compounds into $102,404 by year five. Five-year ROI records 153.02% and total cumulative return in cash reaches $188,021. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,437/mo property income versus a $1,814/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
6,534 sqft lot
$N/A/sqft
$650 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45387, Yellow Springs, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,762 (100%) |
| Owner Occupied HU | 1,850 (67.0%) |
| Renter Occupied HU | 733 (26.5%) |
| Vacant Housing Units | 179 ( 6.5%) |
| Median Home Value | $364,925 |
| Average Home Value | $421,982 |
Housing Distribution
Address Breakdown
Residential
2,523
Single Family
2,484
Multi-Family
39
Businesses
261
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Listed by: Alexander A Hencheck Jr • H.M.S. Real Estate
Mls Name: DABR MLS
Mls Provider:
Mls ID: #906749
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.