423 E State StTrentonOH45067
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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 Trenton at 423 E State St, Trenton, OH, 45067 priced at $145,000 converts $1,089/mo rent into $135/mo cash flow after a $710/mo obligation. Total monthly income equals $1,089/mo, and annual cash flow totals $1,619/yr on $48,068 invested. Return on cash invested prints 23.28% in year one, and rental yield reads 9.01% against a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation compiles into $40,061 by year five. Five-year ROI reaches 121.42% and total cumulative return in cash sums $58,364. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,089/mo property income covering a $710/mo payment, not borrower’s personal income.
Single Family
Built in 1917
10,428 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45067, Trenton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,500 (100%) |
| Owner Occupied HU | 3,892 (70.8%) |
| Renter Occupied HU | 1,461 (26.6%) |
| Vacant Housing Units | 147 ( 2.7%) |
| Median Home Value | $242,595 |
| Average Home Value | $363,981 |
Housing Distribution
Address Breakdown
Residential
5,532
Single Family
5,402
Multi-Family
130
Businesses
213
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Listed by: Mark S Mattingly • Sibcy Cline Inc.
Mls Name: DABR MLS
Mls Provider:
Mls ID: #928548
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.