6413 Alter RdDaytonOH45424
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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 Dayton at 6413 Alter Rd, Dayton, OH, 45424 uses $96,135 cash to close to unlock $6,874/yr annual cash flow and $573/mo monthly cash flow. Total monthly income runs $2,480/mo, and a $1,419/mo payment keeps the spread at $573/mo. Purchase price stands at $290,000, and rental yield measures 10.26% with $2,480/mo rent. Return on cash invested shows 27.06% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 141.71% and total cumulative return in cash records $136,228. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,480/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1962
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45424, Dayton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,694 (100%) |
| Owner Occupied HU | 14,310 (66.0%) |
| Renter Occupied HU | 6,242 (28.8%) |
| Vacant Housing Units | 1,142 ( 5.3%) |
| Median Home Value | $188,476 |
| Average Home Value | $222,557 |
Housing Distribution
Address Breakdown
Residential
21,399
Single Family
21,087
Multi-Family
312
Businesses
1,202
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