62 Ironwood Ct, Fairfield, OH, 45014 | $409/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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62 Ironwood Ct, Fairfield, OH, 45014 | $409/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fairfield at 62 Ironwood Ct, Fairfield, OH, 45014 with 5% annual appreciation on a $225,000 basis while $1,889/mo rent supports operations. Total monthly income totals $1,889/mo and a $1,101/mo payment preserves $409/mo for cash returns. Annual cash flow comes to $4,911/yr on $74,588 deployed, and return on cash invested reaches 26.49% in year one. Equity gained on principal adds $1,452/yr, and five-year appreciation sums $62,163 alongside rental yield of 10.07%. Five-year ROI measures 138.71% and total cumulative return in cash totals $103,461.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,889/mo property income versus a $1,101/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Condo

Built in 1980

701.32 sqft lot

$N/A/sqft

No HOA

More details about the property

Open House 10/3 5-7pm and 10/4 11-1. Welcome home to this beautifully renovated 3 bedroom, 3 bathroom condo with a finished basement! This move-in-ready gem features a fully updated kitchen with brand new stainless steel Frigidaire appliances and stunning granite countertops. Fresh paint, new carpet upstairs, and waterproof LVP flooring on the main level create a modern, polished look throughout. All bathrooms have been completely renovated with new fixtures, and the primary bedroom offers two spacious closets for plenty of storage. Major updates include a new HVAC system, water heater, and windows being replaced prior to closing. Enjoy outdoor living with a deck off the living room and another off the basement. Two assigned parking spots included. Agent is related to seller. Don't miss this incredible opportunity!

Neighborhood Data

Neighborhood data shown for ZIP Code: 45014, Fairfield, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	19,902 (100%)
Owner Occupied HU	11,851 (59.5%)
Renter Occupied HU	7,357 (37.0%)
Vacant Housing Units	694 ( 3.5%)
Median Home Value	$246,601
Average Home Value	$280,956