4463 Camden West Elkton RdSomervilleOH45064
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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 Somerville at 4463 Camden West Elkton Rd, Somerville, OH, 45064 uses $115,992 cash to close to unlock $4,860/yr annual cash flow and $405/mo monthly cash flow. Total monthly income runs $2,707/mo, and a $1,713/mo payment keeps the spread at $405/mo. Purchase price stands at $349,900, and rental yield measures 9.28% with $2,707/mo rent. Return on cash invested shows 24.1% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 125.81% and total cumulative return in cash records $145,926. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,707/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1977
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45064, Somerville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,254 (100%) |
| Owner Occupied HU | 1,049 (83.7%) |
| Renter Occupied HU | 120 ( 9.6%) |
| Vacant Housing Units | 85 ( 6.8%) |
| Median Home Value | $317,227 |
| Average Home Value | $320,963 |
Housing Distribution
Address Breakdown
Residential
1,054
Single Family
1,054
Multi-Family
0
Businesses
13
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Listed by: Leah Joos • Keller Williams Advisors Rlty
Mls Name: DABR MLS
Mls ID: #938667