629 McClain AveGreenfieldOH45123
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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
Investment property for sale in Greenfield at 629 McClain Ave, Greenfield, OH, 45123 offers a 9.13% rental yield on a $169,900 purchase with $1,293/mo rent. Total monthly income registers $1,293/mo, and a $832/mo payment leaves $175/mo available for distribution. Annual cash flow reaches $2,100/yr on $56,322 to close, and return on cash invested stands at 23.64% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 123.34% and total cumulative return in cash at $69,470. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,293/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45123, Greenfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,712 (100%) |
| Owner Occupied HU | 2,125 (57.2%) |
| Renter Occupied HU | 1,149 (31.0%) |
| Vacant Housing Units | 438 (11.8%) |
| Median Home Value | $158,566 |
| Average Home Value | $195,816 |
Housing Distribution
Address Breakdown
Residential
3,430
Single Family
3,361
Multi-Family
69
Businesses
220
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Listed by: Scott David Rooks • Lakeside Real Estate & Auction
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225007396
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. Information is deemed reliable but not guaranteed.