840 Lafayette StGreenfieldOH45123
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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 Greenfield at 840 Lafayette St, Greenfield, OH, 45123 uses $84,533 cash to close to unlock $1,749/yr annual cash flow and $146/mo monthly cash flow. Total monthly income runs $1,823/mo, and a $1,248/mo payment keeps the spread at $146/mo. Purchase price stands at $255,000, and rental yield measures 8.58% with $1,823/mo rent. Return on cash invested shows 21.98% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 114.46% and total cumulative return in cash records $96,752. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,823/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1950
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45123, Greenfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,712 (100%) |
| Owner Occupied HU | 2,125 (57.2%) |
| Renter Occupied HU | 1,149 (31.0%) |
| Vacant Housing Units | 438 (11.8%) |
| Median Home Value | $158,566 |
| Average Home Value | $195,816 |
Housing Distribution
Address Breakdown
Residential
3,430
Single Family
3,361
Multi-Family
69
Businesses
220
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Listed by: Christy L Moore • Buckeye Realty Group
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224041780
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.