833 Emerald DrSouth LebanonOH45065
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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 South Lebanon at 833 Emerald Dr, South Lebanon, OH, 45065 priced at $510,000 converts $3,020/mo rent into after a $2,496/mo obligation. Total monthly income equals $3,020/mo. Return on cash invested prints 17.67% in year one, and rental yield reads 7.11% against a $510,000 entry. Equity gained on principal adds $3,291/yr, while 5% annual appreciation compiles into $140,904 by year five. Five-year ROI reaches 91.32% and total cumulative return in cash sums $153,219. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,020/mo property income covering a $2,496/mo payment, not borrower’s personal income.
Single Family
Built in 2017
8,333 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45065, South Lebanon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,914 (100%) |
| Owner Occupied HU | 1,944 (66.7%) |
| Renter Occupied HU | 863 (29.6%) |
| Vacant Housing Units | 107 ( 3.7%) |
| Median Home Value | $351,304 |
| Average Home Value | $398,659 |
Housing Distribution
Address Breakdown
Residential
2,794
Single Family
2,524
Multi-Family
270
Businesses
102
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Listed by: Deborah Harmer • eXp Realty
Mls Name: Cincy MLS
Mls ID: #1859306