514 Red Maple LnWilmingtonOH45177
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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 Wilmington at 514 Red Maple Ln, Wilmington, OH, 45177 offers $930/mo rent that, after a $1,790/mo payment. Total monthly income is $930/mo. Return on cash invested measures 5.3% in year one, and rental yield stands at 3.05% at a $365,630 entry. Equity gained on principal adds $2,359/yr while 5% annual appreciation compounds into $101,017 by year five. Five-year ROI records 25.03% and total cumulative return in cash reaches $30,337. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $930/mo property income versus a $1,790/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45177, Wilmington, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,684 (100%) |
| Owner Occupied HU | 5,899 (60.9%) |
| Renter Occupied HU | 3,001 (31.0%) |
| Vacant Housing Units | 784 ( 8.1%) |
| Median Home Value | $233,105 |
| Average Home Value | $267,757 |
Housing Distribution
Address Breakdown
Residential
9,426
Single Family
9,067
Multi-Family
359
Businesses
906
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Listed by: Adam Marit • Real Link
Mls Name: DABR MLS
Mls ID: #942222