605 Adams StDresdenOH43821
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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
Rental property for sale in Dresden at 605 Adams St, Dresden, OH, 43821 priced at $106,000 converts $806/mo rent into $101/mo cash flow after a $519/mo obligation. Total monthly income equals $806/mo, and annual cash flow totals $1,208/yr on $35,139 invested. Return on cash invested prints 23.35% in year one, and rental yield reads 9.12% against a $106,000 entry. Equity gained on principal adds $684/yr, while 5% annual appreciation compiles into $29,286 by year five. Five-year ROI reaches 121.93% and total cumulative return in cash sums $42,844. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $806/mo property income covering a $519/mo payment, not borrower’s personal income.
Single Family
Built in 1978
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43821, Dresden, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,894 (100%) |
| Owner Occupied HU | 1,271 (67.1%) |
| Renter Occupied HU | 413 (21.8%) |
| Vacant Housing Units | 210 (11.1%) |
| Median Home Value | $216,250 |
| Average Home Value | $246,971 |
Housing Distribution
Address Breakdown
Residential
1,721
Single Family
1,721
Multi-Family
0
Businesses
100
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