843 Clareridge LnCentervilleOH45458
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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 Centerville at 843 Clareridge Ln, Centerville, OH, 45458 generates $1,142/mo in rent and, after a $710/mo payment, leaves $188/mo in cash flow. Total monthly income is $1,142/mo, and annual cash flow is $2,255/yr on $48,068 invested. Return on cash invested sits at 24.6% in year one, and rental yield is 9.45% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 128.49% and total cumulative return in cash sums $61,760. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,142/mo property income rather than buyer’s personal income.
Condo
Built in 1972
627.26 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45458, Dayton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,814 (100%) |
| Owner Occupied HU | 11,655 (73.7%) |
| Renter Occupied HU | 3,639 (23.0%) |
| Vacant Housing Units | 520 ( 3.3%) |
| Median Home Value | $356,085 |
| Average Home Value | $384,066 |
Housing Distribution
Address Breakdown
Residential
16,229
Single Family
14,659
Multi-Family
1,570
Businesses
583
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Listed by: Kyle T Gillen • Keller Williams Community Part
Mls Name: DABR MLS
Mls ID: #942016