929 Heritage Green Dr #9-304MonroeOH45050
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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 929 Heritage Green Dr #9-304, Monroe, OH, 45050 offers a 11.31% rental yield on a $298,400 purchase with $2,813/mo rent. Total monthly income registers $2,813/mo, and a $1,461/mo payment leaves $850/mo available for distribution. Annual cash flow reaches $10,196/yr on $98,920 to close, and return on cash invested stands at 30.22% in year one. Equity gained on principal adds $1,926/yr while 5% annual appreciation supports $82,442 over five years. Portfolio math shows five-year ROI at 158.63% and total cumulative return in cash at $156,914. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,813/mo property income against a $1,461/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2008
N/A 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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