587 Cottingwood CtDaytonOH45429
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 587 Cottingwood Ct, Dayton, OH, 45429 in Dayton achieves 1.65, rent of $2,576/mo covers the $1,563/mo payment 1.5x over at $347,500. Rental yield 8.9%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $96,008 over five years, with $3,201/yr in principal reduction bringing total projected return to $151,046.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 8.1% |
| Monthly Cash Flow | $(59) | $450 |
City averages based on Dayton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,576 |
| Total Monthly Debt Service | $2,148 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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
No 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
No 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