821 Cobblestone DrTroyOH45373
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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 Troy at 821 Cobblestone Dr, Troy, OH, 45373 priced at $229,900 converts $2,040/mo rent into $528/mo cash flow after a $1,125/mo obligation. Total monthly income equals $2,040/mo, and annual cash flow totals $6,336/yr on $76,212 invested. Return on cash invested prints 28.22% in year one, and rental yield reads 10.65% against a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,517 by year five. Five-year ROI reaches 147.91% and total cumulative return in cash sums $112,727. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,040/mo property income covering a $1,125/mo payment, not borrower’s personal income.
Single Family
Built in 1992
1,472 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45373, Troy, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,667 (100%) |
| Owner Occupied HU | 10,828 (65.0%) |
| Renter Occupied HU | 5,016 (30.1%) |
| Vacant Housing Units | 823 ( 4.9%) |
| Median Home Value | $283,195 |
| Average Home Value | $308,376 |
Housing Distribution
Address Breakdown
Residential
16,465
Single Family
15,664
Multi-Family
801
Businesses
1,345
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