635 Clark AvePiquaOH45356
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
Investment Highlights
Rental property for sale in Piqua at 635 Clark Ave, Piqua, OH, 45356 priced at $189,900 converts $1,521/mo rent into $272/mo cash flow after a $929/mo obligation. Total monthly income equals $1,521/mo, and annual cash flow totals $3,268/yr on $62,952 invested. Return on cash invested prints 25.1% in year one, and rental yield reads 9.61% against a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation compiles into $52,466 by year five. Five-year ROI reaches 131.21% and total cumulative return in cash sums $82,601. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,521/mo property income covering a $929/mo payment, not borrower’s personal income.
Single Family
Built in 1920
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45356, Piqua, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,349 (100%) |
| Owner Occupied HU | 6,943 (61.2%) |
| Renter Occupied HU | 3,660 (32.2%) |
| Vacant Housing Units | 746 ( 6.6%) |
| Median Home Value | $166,334 |
| Average Home Value | $238,466 |
Housing Distribution
Address Breakdown
Residential
10,665
Single Family
10,163
Multi-Family
502
Businesses
765
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