615 Saint Nicholas AveDaytonOH45410
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 615 Saint Nicholas Ave, Dayton, OH, 45410 in Dayton. Priced at $189,900, it generates $2,731/mo in gross rent and $1,482/mo in net monthly cash flow, a 17.26% yield that comfortably supports the 3.20 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $17,785. Five-year appreciation: $52,466. Equity from principal paydown: $1,749/yr. Total projected cumulative return: $167,730.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17.3% | 8.1% |
| Monthly Cash Flow | $1,482 | $450 |
City averages based on Dayton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,731 |
| Total Monthly Debt Service | $1,174 |
| DSCR Ratio | 2.33x |
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.
Single Family
Built in 1905
4,486 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45410, Dayton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,115 (100%) |
| Owner Occupied HU | 3,340 (41.2%) |
| Renter Occupied HU | 3,732 (46.0%) |
| Vacant Housing Units | 1,043 (12.9%) |
| Median Home Value | $114,263 |
| Average Home Value | $159,216 |
Housing Distribution
Address Breakdown
Residential
7,368
Single Family
6,326
Multi-Family
1,042
Businesses
228
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
Single Family
Built in 1905
4,486 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45410, Dayton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,115 (100%) |
| Owner Occupied HU | 3,340 (41.2%) |
| Renter Occupied HU | 3,732 (46.0%) |
| Vacant Housing Units | 1,043 (12.9%) |
| Median Home Value | $114,263 |
| Average Home Value | $159,216 |
Housing Distribution
Address Breakdown
Residential
7,368
Single Family
6,326
Multi-Family
1,042
Businesses
228
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices