9 Letitia AveAmeliaOH45102
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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 Amelia at 9 Letitia Ave, Amelia, OH, 45102 uses $87,814 cash to close to unlock $3,001/yr annual cash flow and $250/mo monthly cash flow. Total monthly income runs $1,993/mo, and a $1,297/mo payment keeps the spread at $250/mo. Purchase price stands at $264,900, and rental yield measures 9.03% with $1,993/mo rent. Return on cash invested shows 23.33% in year one, and 5% annual appreciation builds toward $73,187 over five years. Five-year ROI reaches 121.74% and total cumulative return in cash records $106,904. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,993/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 1905
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45102, Amelia, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,731 (100%) |
| Owner Occupied HU | 7,591 (70.7%) |
| Renter Occupied HU | 2,685 (25.0%) |
| Vacant Housing Units | 455 ( 4.2%) |
| Median Home Value | $267,817 |
| Average Home Value | $283,757 |
Housing Distribution
Address Breakdown
Residential
10,192
Single Family
9,003
Multi-Family
1,189
Businesses
464
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