8869 Washington Colony DrCentervilleOH45458
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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 Centerville at 8869 Washington Colony Dr, Centerville, OH, 45458 offers a 9.6% rental yield on a $110,000 purchase with $880/mo rent. Total monthly income registers $880/mo, and a $538/mo payment leaves $157/mo available for distribution. Annual cash flow reaches $1,882/yr on $36,465 to close, and return on cash invested stands at 25.07% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 131.07% and total cumulative return in cash at $47,796. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $880/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1978
1,938 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: Brett Tracy • Plum Tree Realty
Mls Name: DABR MLS
Mls ID: #937807