4645 Cobblestone DrTipp CityOH45371
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Tipp City at 4645 Cobblestone Dr, Tipp City, OH, 45371 uses $79,560 cash to close to unlock $1,800/yr annual cash flow and $150/mo monthly cash flow. Total monthly income runs $1,729/mo, and a $1,175/mo payment keeps the spread at $150/mo. Purchase price stands at $240,000, and rental yield measures 8.64% with $1,729/mo rent. Return on cash invested shows 22.17% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 115.48% and total cumulative return in cash records $91,874. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,729/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Condo
Built in 2005
1,738 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45371, Tipp City, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,311 (100%) |
| Owner Occupied HU | 7,592 (73.6%) |
| Renter Occupied HU | 2,304 (22.3%) |
| Vacant Housing Units | 415 ( 4.0%) |
| Median Home Value | $329,487 |
| Average Home Value | $359,372 |
Housing Distribution
Address Breakdown
Residential
10,206
Single Family
10,096
Multi-Family
110
Businesses
585
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices