704 Terrace CtTrentonOH45067
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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 Trenton at 704 Terrace Ct, Trenton, OH, 45067 generates $1,764/mo in rent and, after a $1,297/mo payment, leaves $21/mo in cash flow. Total monthly income is $1,764/mo, and annual cash flow is $251/yr on $87,848 invested. Return on cash invested sits at 20.19% in year one, and rental yield is 7.99% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 104.89% and total cumulative return in cash sums $92,139. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,764/mo property income rather than buyer’s personal income.
Condo
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45067, Trenton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,500 (100%) |
| Owner Occupied HU | 3,892 (70.8%) |
| Renter Occupied HU | 1,461 (26.6%) |
| Vacant Housing Units | 147 ( 2.7%) |
| Median Home Value | $242,595 |
| Average Home Value | $363,981 |
Housing Distribution
Address Breakdown
Residential
5,532
Single Family
5,402
Multi-Family
130
Businesses
213
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