904 W High StPiquaOH45356
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Piqua at 904 W High St, Piqua, OH, 45356 offers a 11.07% rental yield on a $114,900 purchase with $1,060/mo rent. Total monthly income registers $1,060/mo, and a $562/mo payment leaves $305/mo available for distribution. Annual cash flow reaches $3,655/yr on $38,089 to close, and return on cash invested stands at 29.5% in year one. Equity gained on principal adds $741/yr while 5% annual appreciation supports $31,745 over five years. Portfolio math shows five-year ROI at 154.82% and total cumulative return in cash at $58,970. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,060/mo property income against a $562/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45356, Piqua, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,349 (100%) |
| Owner Occupied HU | 6,943 (61.2%) |
| Renter Occupied HU | 3,660 (32.2%) |
| Vacant Housing Units | 746 ( 6.6%) |
| Median Home Value | $166,334 |
| Average Home Value | $238,466 |
Housing Distribution
Address Breakdown
Residential
10,665
Single Family
10,163
Multi-Family
502
Businesses
765
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jodi DiMasso-Barhorst • Emerson Wagner Realty Co., Inc.
Mls Name: WRIST
Mls Provider:
Mls ID: #1039680
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.