Property Description
TURNKEY INVESTMENT OPPORTUNITY in Dayton’s desirable 45419 area! This beautifully renovated 3-bedroom, 2-bath ranch offers approximately 1,289 sq. ft. of living space, an attached 2-car garage, and the advantage of an established long-term tenant already in place.
The property underwent an extensive renovation in 2023, creating a home that feels fresh, modern, and exceptionally well maintained. Improvements included new flooring throughout, updated bathrooms, new kitchen cabinetry, plumbing updates, and additional renovations throughout the home. Appliances were also purchased new at the time of the renovation and will remain with the property. The water heater is approximately 2 years old, while the HVAC system is believed to be approximately 5 years old.
The current tenant has occupied the property since May 2023, currently pays $2,075 per month, and has expressed an interest in remaining long term. Tenant pays all utilities directly, helping keep ongoing owner expenses streamlined. Reported 2025 rental income totaled $24,120.66.
For investors looking for a stabilized rental without the headaches of completing a major renovation or immediately searching for a tenant, this property offers a compelling combination of condition, income, and convenience. The extensive 2023 rehabilitation has already addressed many of the major interior components, making this an attractive addition to an existing rental portfolio or an excellent opportunity for an investor looking for a well-established income-producing property.
Professional property management is currently in place. Lease and additional financial documentation are uploaded for you to review. Showings only with accepted offer in place, so as to not disturb the tenants.
Property Details 555 East Drive, Dayton, OH 45419
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Estimated Monthly Mortgage Calculator
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