6861 Joseph DrEnonOH45323
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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 Enon at 6861 Joseph Dr, Enon, OH, 45323 offers a 9.42% rental yield on a $226,900 purchase with $1,781/mo rent. Total monthly income registers $1,781/mo, and a $1,111/mo payment leaves $288/mo available for distribution. Annual cash flow reaches $3,457/yr on $75,217 to close, and return on cash invested stands at 24.5% in year one. Equity gained on principal adds $1,464/yr while 5% annual appreciation supports $62,688 over five years. Portfolio math shows five-year ROI at 128.07% and total cumulative return in cash at $96,329. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,781/mo property income against a $1,111/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
9,962 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
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