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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Fairfield at 558 Magie Ave, Fairfield, OH, 45014 offers $2,171/mo rent that, after a $1,206/mo payment, leaves $550/mo cash flow. Total monthly income is $2,171/mo, and annual cash flow is $6,603/yr on $81,682 cash. Return on cash invested measures 27.99% in year one, and rental yield stands at 10.57% at a $246,400 entry. Equity gained on principal adds $1,590/yr while 5% annual appreciation compounds into $68,076 by year five. Five-year ROI records 146.74% and total cumulative return in cash reaches $119,864. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,171/mo property income versus a $1,206/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45014, Fairfield, OH area.
| 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 |
Residential
19,301
Single Family
14,714
Multi-Family
4,587
Businesses
1,549
Date | Event | Price |
|---|---|---|
| 2025-06-18 | Listing removed | $245,000 |
| 2025-06-13 | Listed for sale | $245,000 |
| 2020-08-10 | Sold | $152,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $2549.90 | 0.98% | $68,890 | N/A |
| 2023-10-24 | $2525.06 | 5.29% | $68,890 | 36.61% |
| 2022-10-24 | $2398.26 | 14.97% | $50,430 | 1.39% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
