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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 Madison at 6713 Dave Dr, Madison, OH, 44057 listed at $229,900 pairs $1,500/mo rent with a $1,125/mo payment. Total monthly income runs $1,500/mo. Return on cash invested measures 19.72% in year one, and rental yield registers 7.83% at a $229,900 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,517 by year five. Five-year ROI tracks 102.31% and total cumulative return in cash totals $77,975. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,500/mo property income relative to a $1,125/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
0.26 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 44057, Madison, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,645 (100%) |
| Owner Occupied HU | 6,245 (72.2%) |
| Renter Occupied HU | 1,658 (19.2%) |
| Vacant Housing Units | 742 ( 8.6%) |
| Median Home Value | $221,282 |
| Average Home Value | $284,397 |
Housing Distribution
Address Breakdown
Residential
7,974
Single Family
7,824
Multi-Family
150
Businesses
484
Price History
Date | Event | Price |
|---|---|---|
| 2025-11-06 | Listed for sale | $229,900 |
| 2006-12-07 | Sold | $134,000 |
| 2003-12-16 | Sold | $134,500 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-07 | $2612.21 | 15.52% | $60,930 | 34.83% |
| 2023-11-07 | $2261.23 | -1.72% | $45,190 | N/A |
| 2022-11-07 | $2300.73 | 0.29% | $45,190 | N/A |
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1987
- Architectural Style: Ranch
- Building Area: 1,176
- Living Area: 1,176 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Gas, Hot Water, Steam
- Cooling: Ceiling Fan(s), Window Unit(s)
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Attached, Driveway, Garage
Location
- City: Madison
- Subdivision: The Meadows Sub
- Lot Size: 0.26 Acres
- Lot Features: N/A
- View: Neighborhood
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Denise L Smith • CENTURY 21 Asa Cox Homes
Mls Name: MLS Now
Mls Provider:
Mls ID: #5169944
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