427 Old 122 Rd #122LebanonOH45036
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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 Lebanon at 427 Old 122 Rd #122, Lebanon, OH, 45036 listed at $284,000 pairs $2,357/mo rent with a $1,390/mo payment to leave $489/mo cash flow. Total monthly income runs $2,357/mo, and annual cash flow reaches $5,867/yr on $94,146 cash to close. Return on cash invested measures 26.14% in year one, and rental yield registers 9.96% at a $284,000 basis. Equity gained on principal adds $1,833/yr, and annual property appreciation at 5% supports $78,464 by year five. Five-year ROI tracks 136.76% and total cumulative return in cash totals $128,753. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,357/mo property income relative to a $1,390/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45036, Lebanon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,137 (100%) |
| Owner Occupied HU | 11,405 (70.7%) |
| Renter Occupied HU | 4,230 (26.2%) |
| Vacant Housing Units | 502 ( 3.1%) |
| Median Home Value | $380,580 |
| Average Home Value | $426,576 |
Housing Distribution
Address Breakdown
Residential
15,577
Single Family
14,233
Multi-Family
1,344
Businesses
1,022
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