612 Austin Smith DrMonroeOH45050
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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 Monroe at 612 Austin Smith Dr, Monroe, OH, 45050 at $274,000 posts ROI 29.15% with $700/mo cash flow from $2,502/mo rent. Total monthly income equals $2,502/mo, and annual cash flow records $8,397/yr on $90,831 to close. Return on cash invested measures 29.15% and rental yield reads 10.96% at the current $274,000. Equity gained on principal adds $1,768/yr, and 5% annual appreciation supports $75,701 by year five. Five-year ROI prints 152.93% and total cumulative return in cash totals $138,909.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,502/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1974
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45050, Monroe, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,266 (100%) |
| Owner Occupied HU | 3,235 (75.8%) |
| Renter Occupied HU | 916 (21.5%) |
| Vacant Housing Units | 115 ( 2.7%) |
| Median Home Value | $330,977 |
| Average Home Value | $347,472 |
Housing Distribution
Address Breakdown
Residential
4,427
Single Family
4,338
Multi-Family
89
Businesses
573
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