669 Fredericks PassSouth LebanonOH45065
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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
Rental property for sale in South Lebanon at 669 Fredericks Pass, South Lebanon, OH, 45065 offers $2,544/mo rent that, after a $1,468/mo payment, leaves $571/mo cash flow. Total monthly income is $2,544/mo, and annual cash flow is $6,854/yr on $99,417 cash. Return on cash invested measures 26.8% in year one, and rental yield stands at 10.18% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 140.36% and total cumulative return in cash reaches $139,540. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,544/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
4,922 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45065, South Lebanon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,914 (100%) |
| Owner Occupied HU | 1,944 (66.7%) |
| Renter Occupied HU | 863 (29.6%) |
| Vacant Housing Units | 107 ( 3.7%) |
| Median Home Value | $351,304 |
| Average Home Value | $398,659 |
Housing Distribution
Address Breakdown
Residential
2,794
Single Family
2,524
Multi-Family
270
Businesses
102
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Listed by: Lesli D Norris • Coldwell Banker Realty
Mls Name: Cincy MLS
Mls ID: #1866519