573 Cottingwood CtDaytonOH45429
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeFor first-time U.S. investors or those diversifying conservatively, 573 Cottingwood Ct, Dayton, OH, 45429 in Dayton offers a clean, manageable entry. Rental yield 8.02%. DSCR 1.42 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $115,624 in additional property value over five years, with $3,854/yr in principal equity building ownership stake. Total projected cumulative return: $132,336.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 8.1% |
| Monthly Cash Flow | $(327) | $450 |
City averages based on Dayton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,679 |
| Total Monthly Debt Service | $2,959 |
| DSCR Ratio | 0.91x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1986
4,356 sqft lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45429, Dayton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,961 (100%) |
| Owner Occupied HU | 8,381 (64.7%) |
| Renter Occupied HU | 3,882 (30.0%) |
| Vacant Housing Units | 698 ( 5.4%) |
| Median Home Value | $241,342 |
| Average Home Value | $277,949 |
Housing Distribution
Address Breakdown
Residential
12,671
Single Family
10,599
Multi-Family
2,072
Businesses
939
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1986
4,356 sqft lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45429, Dayton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,961 (100%) |
| Owner Occupied HU | 8,381 (64.7%) |
| Renter Occupied HU | 3,882 (30.0%) |
| Vacant Housing Units | 698 ( 5.4%) |
| Median Home Value | $241,342 |
| Average Home Value | $277,949 |
Housing Distribution
Address Breakdown
Residential
12,671
Single Family
10,599
Multi-Family
2,072
Businesses
939
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leigh A Walters • Irongate Inc.
Mls Name: DABR MLS
Mls Provider:
Mls ID: #933242
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.