8950 State Route 66Fort LoramieOH45845
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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 Fort Loramie at 8950 State Route 66, Fort Loramie, OH, 45845 generates $1,211/mo in rent, after a $1,468/mo payment. Total monthly income is $1,211/mo. Return on cash invested sits at 10.71% in year one, and rental yield is 4.84% on a $299,999 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 54.03% and total cumulative return in cash sums $53,736. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,211/mo property income rather than buyer’s personal income.
Manufactured
Built in 1989
6.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45845, Fort Loramie, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,279 (100%) |
| Owner Occupied HU | 1,068 (83.5%) |
| Renter Occupied HU | 158 (12.4%) |
| Vacant Housing Units | 53 ( 4.1%) |
| Median Home Value | $350,289 |
| Average Home Value | $388,134 |
Housing Distribution
Address Breakdown
Residential
1,140
Single Family
1,140
Multi-Family
0
Businesses
112
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Listed by: Pattie Armstrong • Brokers Real Estate
Mls Name: WRIST
Mls Provider:
Mls ID: #1037612
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.