925 Joy DrMonroeOH45050
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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 Monroe at 925 Joy Dr, Monroe, OH, 45050 uses $104,423 cash to close to unlock $8,517/yr annual cash flow and $710/mo monthly cash flow. Total monthly income runs $2,782/mo, and a $1,542/mo payment keeps the spread at $710/mo. Purchase price stands at $315,000, and rental yield measures 10.6% with $2,782/mo rent. Return on cash invested shows 28.07% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 147.08% and total cumulative return in cash records $153,581. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,782/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 1991
9,047 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45050, Monroe, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,266 (100%) |
| Owner Occupied HU | 3,235 (75.8%) |
| Renter Occupied HU | 916 (21.5%) |
| Vacant Housing Units | 115 ( 2.7%) |
| Median Home Value | $330,977 |
| Average Home Value | $347,472 |
Housing Distribution
Address Breakdown
Residential
4,427
Single Family
4,338
Multi-Family
89
Businesses
573
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