640 Hillcrest DrFairbornOH45324
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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 Fairborn at 640 Hillcrest Dr, Fairborn, OH, 45324 with 5% annual appreciation on a $299,900 basis while $2,573/mo rent supports operations. Total monthly income totals $2,573/mo and a $1,468/mo payment preserves $600/mo for cash returns. Annual cash flow comes to $7,202/yr on $99,417 deployed, and return on cash invested reaches 27.15% in year one. Equity gained on principal adds $1,935/yr, and five-year appreciation sums $82,857 alongside rental yield of 10.3%. Five-year ROI measures 142.24% and total cumulative return in cash totals $141,412.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,573/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1967
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45324, Fairborn, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,732 (100%) |
| Owner Occupied HU | 9,659 (49.0%) |
| Renter Occupied HU | 8,751 (44.3%) |
| Vacant Housing Units | 1,322 ( 6.7%) |
| Median Home Value | $226,164 |
| Average Home Value | $267,907 |
Housing Distribution
Address Breakdown
Residential
19,348
Single Family
16,500
Multi-Family
2,848
Businesses
911
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