6217 Cedar LnMiamisburgOH45342
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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 Miamisburg at 6217 Cedar Ln, Miamisburg, OH, 45342 generates $1,580/mo in rent, after a $1,346/mo payment. Total monthly income is $1,580/mo. Return on cash invested sits at 16.91% in year one, and rental yield is 6.9% on a $274,900 entry. Equity gained on principal adds $1,774/yr, while 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 87.31% and total cumulative return in cash sums $79,563. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,580/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
0.73 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 45342, Miamisburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,311 (100%) |
| Owner Occupied HU | 9,916 (57.3%) |
| Renter Occupied HU | 6,289 (36.3%) |
| Vacant Housing Units | 1,106 ( 6.4%) |
| Median Home Value | $248,361 |
| Average Home Value | $258,420 |
Housing Distribution
Address Breakdown
Residential
16,759
Single Family
14,303
Multi-Family
2,456
Businesses
895
Price History
Date | Event | Price |
|---|---|---|
| 2025-03-24 | Listed for sale | $274,900 |
| 2013-05-22 | Sold | $79,400 |
| 2013-02-24 | Listed for sale | $79,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-26 | $3119.62 | 28.50% | $48,550 | 54.82% |
| 2022-03-26 | $2427.77 | 10.82% | $31,360 | N/A |
| 2021-03-26 | $2190.76 | -1.94% | $31,360 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1961
- Architectural Style: N/A
- Building Area: N/A
- Living Area: N/A
- Property Condition: N/A
Features & Amenities
- Heating: Natural Gas
- Cooling: Central Air
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: Fence, Pool, Patio
- Parking Features: Garage, Two Car Garage
Location
- City: Miamisburg
- State: OH
- Subdivision: Kruse
- Lot Size: 0.73 Acres
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Septic Available, Water Available
- Sewer: Septic Tank
- Water Source: Well
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Adam Marit • Real Link
Mls Name: DABR MLS
Mls Provider:
Mls ID: #930373
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.