878 N Detroit StXeniaOH45385
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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 Xenia at 878 N Detroit St, Xenia, OH, 45385 with 5% annual appreciation on a $189,000 basis while $1,646/mo rent supports operations. Total monthly income totals $1,646/mo and a $925/mo payment preserves $403/mo for cash returns. Annual cash flow comes to $4,834/yr on $62,654 deployed, and return on cash invested reaches 27.62% in year one. Equity gained on principal adds $1,220/yr, and five-year appreciation sums $52,217 alongside rental yield of 10.45%. Five-year ROI measures 144.74% and total cumulative return in cash totals $90,682.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,646/mo property income versus a $925/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1925
5,745 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45385, Xenia, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,389 (100%) |
| Owner Occupied HU | 11,526 (66.3%) |
| Renter Occupied HU | 4,686 (26.9%) |
| Vacant Housing Units | 1,177 ( 6.8%) |
| Median Home Value | $277,569 |
| Average Home Value | $341,533 |
Housing Distribution
Address Breakdown
Residential
16,718
Single Family
15,555
Multi-Family
1,163
Businesses
866
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