84 E Ruby AveWilmingtonOH45177
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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 Wilmington at 84 E Ruby Ave, Wilmington, OH, 45177 priced at $153,000 converts $930/mo rent into after a $749/mo obligation. Total monthly income equals $930/mo. Return on cash invested prints 18.1% in year one, and rental yield reads 7.29% against a $153,000 entry. Equity gained on principal adds $987/yr, while 5% annual appreciation compiles into $42,271 by year five. Five-year ROI reaches 93.69% and total cumulative return in cash sums $47,520. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $930/mo property income covering a $749/mo payment, not borrower’s personal income.
Single Family
Built in 1958
3,650 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45177, Wilmington, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,684 (100%) |
| Owner Occupied HU | 5,899 (60.9%) |
| Renter Occupied HU | 3,001 (31.0%) |
| Vacant Housing Units | 784 ( 8.1%) |
| Median Home Value | $233,105 |
| Average Home Value | $267,757 |
Housing Distribution
Address Breakdown
Residential
9,426
Single Family
9,067
Multi-Family
359
Businesses
906
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Listed by: Bradley Huffman • 1st Advantage Realty Homes, LL
Mls Name: Cincy MLS
Mls ID: #1846927