429 Summerlyn Farms CtLebanonOH45036
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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 429 Summerlyn Farms Ct, Lebanon, OH, 45036 uses $111,351 cash to close to unlock $1,567/yr annual cash flow and $131/mo monthly cash flow. Total monthly income runs $2,340/mo, and a $1,644/mo payment keeps the spread at $131/mo. Purchase price stands at $335,900, and rental yield measures 8.36% with $2,340/mo rent. Return on cash invested shows 21.32% in year one, and 5% annual appreciation builds toward $92,803 over five years. Five-year ROI reaches 110.91% and total cumulative return in cash records $123,495. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,340/mo property income covering a $1,644/mo payment rather than investor’s personal income.
Single Family
Built in N/A
3,881 sqft 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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