9 Milky Way CtFairfieldOH45014
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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 Fairfield at 9 Milky Way Ct, Fairfield, OH, 45014 with 5% annual appreciation on a $129,900 basis while $1,028/mo rent supports operations. 94% in year one. Equity gained on principal adds $838/yr, and five-year appreciation sums $35,889 alongside rental yield of 9.5%. Five-year ROI measures 90.33% and total cumulative return in cash totals $38,899. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,028/mo property income versus a $636/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1973
1,089 sqft lot
$N/A/sqft
$280 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45014, Fairfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,902 (100%) |
| Owner Occupied HU | 11,851 (59.5%) |
| Renter Occupied HU | 7,357 (37.0%) |
| Vacant Housing Units | 694 ( 3.5%) |
| Median Home Value | $246,601 |
| Average Home Value | $280,956 |
Housing Distribution
Address Breakdown
Residential
19,301
Single Family
14,714
Multi-Family
4,587
Businesses
1,549
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Listed by: Emmanuel Kalemba-Luswata • eXp Realty
Mls Name: Cincy MLS
Mls Provider:
Mls ID: #1837745
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