7809 State Route 505FelicityOH45120
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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 Felicity at 7809 State Route 505, Felicity, OH, 45120 generates $1,320/mo in rent, after a $3,793/mo payment. Total monthly income is $1,320/mo. Return on cash invested sits at 2.28% in year one, and rental yield is 2.04% on a $775,000 entry. Equity gained on principal adds $5,001/yr, while 5% annual appreciation builds toward $214,118 over five years. Five-year ROI reaches 8.8% and total cumulative return in cash sums $22,447. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,320/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
21.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45120, Felicity, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,348 (100%) |
| Owner Occupied HU | 835 (61.9%) |
| Renter Occupied HU | 330 (24.5%) |
| Vacant Housing Units | 183 (13.6%) |
| Median Home Value | $284,574 |
| Average Home Value | $334,353 |
Housing Distribution
Address Breakdown
Residential
1,039
Single Family
1,011
Multi-Family
28
Businesses
51
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