502 Waterfront PlDaytonOH45458
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
Rental property for sale in Dayton at 502 Waterfront Pl, Dayton, OH, 45458 priced at $159,900 converts $1,277/mo rent into $225/mo cash flow after a $783/mo obligation. Total monthly income equals $1,277/mo, and annual cash flow totals $2,698/yr on $53,007 invested. Return on cash invested prints 25% in year one, and rental yield reads 9.58% against a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,177 by year five. Five-year ROI reaches 130.66% and total cumulative return in cash sums $69,258. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,277/mo property income covering a $783/mo payment, not borrower’s personal income.
Condo
Built in 1990
1,119 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45458, Dayton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,814 (100%) |
| Owner Occupied HU | 11,655 (73.7%) |
| Renter Occupied HU | 3,639 (23.0%) |
| Vacant Housing Units | 520 ( 3.3%) |
| Median Home Value | $356,085 |
| Average Home Value | $384,066 |
Housing Distribution
Address Breakdown
Residential
16,229
Single Family
14,659
Multi-Family
1,570
Businesses
583
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices