516 E 2nd StDaytonOH45402
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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 Dayton at 516 E 2nd St, Dayton, OH, 45402 listed at $400,000 pairs $3,084/mo rent with a $1,958/mo payment to leave $453/mo cash flow. Total monthly income runs $3,084/mo, and annual cash flow reaches $5,432/yr on $132,600 cash to close. Return on cash invested measures 24.01% in year one, and rental yield registers 9.25% at a $400,000 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,513 by year five. Five-year ROI tracks 125.32% and total cumulative return in cash totals $166,180. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,084/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2015
1,171 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45402, Dayton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,208 (100%) |
| Owner Occupied HU | 1,583 (22.0%) |
| Renter Occupied HU | 3,959 (54.9%) |
| Vacant Housing Units | 1,666 (23.1%) |
| Median Home Value | $92,763 |
| Average Home Value | $165,027 |
Housing Distribution
Address Breakdown
Residential
5,969
Single Family
3,954
Multi-Family
2,015
Businesses
1,190
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