608 W Main StTipp CityOH45371
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
Investment Highlights
Investment property for sale in Tipp City at 608 W Main St, Tipp City, OH, 45371 at $215,000 posts ROI 22.96% with $181/mo cash flow from $1,595/mo rent. Total monthly income equals $1,595/mo, and annual cash flow records $2,173/yr on $71,273 to close. Return on cash invested measures 22.96% and rental yield reads 8.9% at the current $215,000. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 by year five. Five-year ROI prints 119.76% and total cumulative return in cash totals $85,357.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,595/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1947
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45371, Tipp City, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,311 (100%) |
| Owner Occupied HU | 7,592 (73.6%) |
| Renter Occupied HU | 2,304 (22.3%) |
| Vacant Housing Units | 415 ( 4.0%) |
| Median Home Value | $329,487 |
| Average Home Value | $359,372 |
Housing Distribution
Address Breakdown
Residential
10,206
Single Family
10,096
Multi-Family
110
Businesses
585
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Nearby investment properties with comparable prices
Listed by: Nicole Wenzler • Keller Williams Community Part
Mls Name: DABR MLS
Mls Provider:
Mls ID: #915290
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.