8 Parkdale DrArcanumOH45304
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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 Arcanum at 8 Parkdale Dr, Arcanum, OH, 45304 offers $1,840/mo rent that, after a $954/mo payment, leaves $558/mo cash flow. Total monthly income is $1,840/mo, and annual cash flow is $6,693/yr on $64,643 cash. Return on cash invested measures 30.26% in year one, and rental yield stands at 11.32% at a $195,000 entry. Equity gained on principal adds $1,258/yr while 5% annual appreciation compounds into $53,875 by year five. Five-year ROI records 158.86% and total cumulative return in cash reaches $102,694. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,840/mo property income versus a $954/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45304, Arcanum, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,069 (100%) |
| Owner Occupied HU | 2,327 (75.8%) |
| Renter Occupied HU | 559 (18.2%) |
| Vacant Housing Units | 183 ( 6.0%) |
| Median Home Value | $211,305 |
| Average Home Value | $276,843 |
Housing Distribution
Address Breakdown
Residential
2,986
Single Family
2,986
Multi-Family
0
Businesses
129
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