520 Cherry LnFletcherOH45326
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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 Fletcher at 520 Cherry Ln, Fletcher, OH, 45326 earns $142/mo cash flow from $2,542/mo rent with a $1,786/mo payment. Total monthly income totals $2,542/mo, and annual cash flow totals $1,699/yr on $120,998 capital. ROI tracks 21.31% on current figures, and rental yield reads 8.36% at a $365,000 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 over five years. Five-year ROI reaches 110.88% and total cumulative return in cash sums $134,167. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,542/mo property income instead of your personal income.
Single Family
Built in 2022
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45326, Fletcher, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 456 (100%) |
| Owner Occupied HU | 385 (84.4%) |
| Renter Occupied HU | 47 (10.3%) |
| Vacant Housing Units | 24 ( 5.3%) |
| Median Home Value | $246,053 |
| Average Home Value | $285,351 |
Housing Distribution
Address Breakdown
Residential
456
Single Family
456
Multi-Family
0
Businesses
18
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Listed by: Glen Whitten • Ohio Property Group
Mls Name: WRIST
Mls Provider:
Mls ID: #1031014
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.