8320 State Route 589FletcherOH45326
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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 Fletcher at 8320 State Route 589, Fletcher, OH, 45326 offers a 5.24% rental yield on a $299,900 purchase with $1,309/mo rent. 9% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 60.42% and total cumulative return in cash at $60,064. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,309/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45326, Fletcher, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 456 (100%) |
| Owner Occupied HU | 385 (84.4%) |
| Renter Occupied HU | 47 (10.3%) |
| Vacant Housing Units | 24 ( 5.3%) |
| Median Home Value | $246,053 |
| Average Home Value | $285,351 |
Housing Distribution
Address Breakdown
Residential
456
Single Family
456
Multi-Family
0
Businesses
18
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Listed by: Tiffany Shepherd • Key Realty
Mls Name: DABR MLS
Mls Provider:
Mls ID: #937259
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