Ballenger with Finished Basement Plan, Carriage TrailsTipp CityOH45371
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
Rental property for sale in Tipp City at Ballenger with Finished Basement Plan, Carriage Trails, Tipp City, OH, 45371 priced at $379,990 converts $1,260/mo rent into after a $1,860/mo obligation. Total monthly income equals $1,260/mo. Return on cash invested prints 8.1% in year one, and rental yield reads 3.98% against a $379,990 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation compiles into $104,984 by year five. Five-year ROI reaches 40.05% and total cumulative return in cash sums $50,445. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,260/mo property income covering a $1,860/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45371, Tipp City, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,311 (100%) |
| Owner Occupied HU | 7,592 (73.6%) |
| Renter Occupied HU | 2,304 (22.3%) |
| Vacant Housing Units | 415 ( 4.0%) |
| Median Home Value | $329,487 |
| Average Home Value | $359,372 |
Housing Distribution
Address Breakdown
Residential
10,206
Single Family
10,096
Multi-Family
110
Businesses
585
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