Spruce Plan, Arrowhead EstatesPiquaOH45356
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 Piqua at Spruce Plan, Arrowhead Estates, Piqua, OH, 45356 priced at $277,990 converts $1,946/mo rent into $117/mo cash flow after a $1,361/mo obligation. Total monthly income equals $1,946/mo, and annual cash flow totals $1,405/yr on $92,154 invested. Return on cash invested prints 21.43% in year one, and rental yield reads 8.4% against a $277,990 entry. Equity gained on principal adds $1,794/yr, while 5% annual appreciation compiles into $76,804 by year five. Five-year ROI reaches 111.58% and total cumulative return in cash sums $102,830. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,946/mo property income covering a $1,361/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: 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
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