Rental Property Investment Analysis

Investment metrics for 2929 Hoover Ave, Dayton, OH 45402

zillow Multi Family
📍 2929 Hoover Ave, Dayton, OH 45402
$850,000
🛏 15 bed 🚿 15 bath 📐 4,444 sqft
75 / 100
Deal Score
B Strong Investment
Grade B · 75/100
Monthly Cash Flow
+$505
After all expenses
Cap Rate
6.94%
Strong yield
Monthly Rent
$6,800/mo
Estimated
Total Expenses
$6,295/mo
All-in monthly
Cash-on-Cash
3.10%
Low return
Annual Cash Flow
$6,064
Per year

Break-Even Analysis

Break-Even Rent
$6,295 / mo
Minimum monthly rent needed to cover all estimated expenses

Area Lifestyle & Investment Notes

  • The urban core provides excellent walkability to major downtown employment hubs and centralized government office district services.
  • Proximity to riverfront greenways and recreational trails enhances neighborhood appeal for tenants seeking active lifestyle amenities nearby.
  • Easy access to major interstate corridors streamlines regional commutes for a workforce residing within this densifying residential market.

Key Takeaway

Investor Summary
Under current assumptions, this property is a solid rental investment (75/100). The 6.94% cap rate and strong positive monthly cash flow of +$505/mo indicate a reasonable return relative to risk.

Analysis Summary

This Multi Family at 2929 Hoover Ave, Dayton, OH 45402 is listed at $850,000 with 15 bed / 15 bath and 4,444 sq ft.

The estimated monthly rent is $6,800, generating a strong positive monthly cash flow of +$505 after all expenses — including mortgage, taxes, insurance, maintenance, and vacancy reserves.

The cap rate is 6.94% and the cash-on-cash return is 3.10%. This deal received a score of 75/100 (Grade B: Strong Investment).

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