507 N Parkway DrPiquaOH45356
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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 Piqua at 507 N Parkway Dr, Piqua, OH, 45356 with 5% annual appreciation on a $269,900 basis while $2,052/mo rent supports operations. Total monthly income totals $2,052/mo and a $1,321/mo payment preserves $277/mo for cash returns. Annual cash flow comes to $3,320/yr on $89,472 deployed, and return on cash invested reaches 23.62% in year one. Equity gained on principal adds $1,742/yr, and five-year appreciation sums $74,568 alongside rental yield of 9.12%. Five-year ROI measures 123.26% and total cumulative return in cash totals $110,286.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,052/mo property income versus a $1,321/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1973
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45356, Piqua, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,349 (100%) |
| Owner Occupied HU | 6,943 (61.2%) |
| Renter Occupied HU | 3,660 (32.2%) |
| Vacant Housing Units | 746 ( 6.6%) |
| Median Home Value | $166,334 |
| Average Home Value | $238,466 |
Housing Distribution
Address Breakdown
Residential
10,665
Single Family
10,163
Multi-Family
502
Businesses
765
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