602 W North StArcanumOH45304
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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 Arcanum at 602 W North St, Arcanum, OH, 45304 offers a 6.84% rental yield on a $205,000 purchase with $1,169/mo rent. 75% in year one. Equity gained on principal adds $1,323/yr while 5% annual appreciation supports $56,638 over five years. Portfolio math shows five-year ROI at 86.37% and total cumulative return in cash at $58,698. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,169/mo property income against a $1,003/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1870
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45304, Arcanum, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,069 (100%) |
| Owner Occupied HU | 2,327 (75.8%) |
| Renter Occupied HU | 559 (18.2%) |
| Vacant Housing Units | 183 ( 6.0%) |
| Median Home Value | $211,305 |
| Average Home Value | $276,843 |
Housing Distribution
Address Breakdown
Residential
2,986
Single Family
2,986
Multi-Family
0
Businesses
129
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Listed by: Ashley Douglas • Key Realty
Mls Name: DABR MLS
Mls Provider:
Mls ID: #935237
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.