6612 Ravenna AveEnonOH45323
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
Investment property for sale in Enon at 6612 Ravenna Ave, Enon, OH, 45323 offers a 7% rental yield on a $238,500 purchase with $1,391/mo rent. 22% in year one. Equity gained on principal adds $1,539/yr while 5% annual appreciation supports $65,893 over five years. Portfolio math shows five-year ROI at 88.93% and total cumulative return in cash at $70,307. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,391/mo property income against a $1,167/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45323, Enon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,330 (100%) |
| Owner Occupied HU | 1,702 (73.0%) |
| Renter Occupied HU | 509 (21.8%) |
| Vacant Housing Units | 119 ( 5.1%) |
| Median Home Value | $193,907 |
| Average Home Value | $239,175 |
Housing Distribution
Address Breakdown
Residential
2,248
Single Family
2,248
Multi-Family
0
Businesses
138
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eric Dustin Tackett • Roost Real Estate Co.
Mls Name: WRIST
Mls Provider:
Mls ID: #1038670
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.