4638 Celadon Ave, Fairfield, OH, 45014 | $279/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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4638 Celadon Ave, Fairfield, OH, 45014 | $279/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fairfield at 4638 Celadon Ave, Fairfield, OH, 45014 uses $94,478 cash to close to unlock $3,351/yr annual cash flow and $279/mo monthly cash flow. Total monthly income runs $2,154/mo, and a $1,395/mo payment keeps the spread at $279/mo. Purchase price stands at $285,000, and rental yield measures 9.07% with $2,154/mo rent. Return on cash invested shows 23.46% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 122.4% and total cumulative return in cash records $115,638. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,154/mo property income covering a $1,395/mo payment rather than investor’s personal income.

Single Family

Built in 1972

0.27 Acres lot

$N/A/sqft

No HOA

More details about the property

Well-maintained brick ranch in the heart of Fairfield with updates throughout and true move-in ready condition. This home features an updated kitchen with island, modern cabinetry, and great flow into the dining and living areas. Enjoy 2.5 renovated bathrooms and a finished basement that offers additional living space, including a potential 4th bedroom or ideal home office. Step outside to a fully fenced yard, a detached one-car garage, and a screened porch perfect for relaxing or entertaining. Major system updates include a 2023 HVAC, 2021 water heater, newer windows, and a recently replaced sewer line. Located in a convenient central Fairfield location close to parks, schools, and shopping.

Neighborhood Data

Neighborhood data shown for ZIP Code: 45014, Fairfield, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	19,902 (100%)
Owner Occupied HU	11,851 (59.5%)
Renter Occupied HU	7,357 (37.0%)
Vacant Housing Units	694 ( 3.5%)
Median Home Value	$246,601
Average Home Value	$280,956