509 Symmes RdFairfieldOH45014
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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
Rental property for sale in Fairfield at 509 Symmes Rd, Fairfield, OH, 45014 generates $1,182/mo in rent, after a $881/mo payment. Total monthly income is $1,182/mo. Return on cash invested sits at 19.87% in year one, and rental yield is 7.88% on a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 103.22% and total cumulative return in cash sums $61,557. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,182/mo property income rather than buyer’s personal income.
Single Family
Built in 1935
8,712 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
19,301
Single Family
14,714
Multi-Family
4,587
Businesses
1,549
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Listed by: Anne Wagner • Comey & Shepherd REALTORS
Mls Name: DABR MLS
Mls Provider:
Mls ID: #919594
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright Dayton Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.