2241 Kensington Drive, Dayton, OH 45406

Property Description

2241 Kensington Drive — Dayton Investor Special. $60K In. $135K ARV. Numbers That Work. Investors, this is the one you flag, share with your contractor, and drive by this week. Priced aggressively at $60,000 with a projected After-Repair Value of $135,000, 2241 Kensington Drive delivers exactly what today's Dayton investor market is hunting for: a clear spread, a manageable footprint, and a property that's already had much of the heavy lifting handled. Here's the setup: a 768 SF, 2-bedroom, 1.5-bath ranch on a 0.14-acre lot with a full unfinished basement, central air, and forced-air heat. The bones are in place. The infrastructure is functional. And critically — the interior has already been taken down to the studs in many areas, meaning you skip weeks of demo, dumpster fees, and labor costs. Your budget goes straight into finishes, systems, and value-add — not tear-out. The Numbers at a Glance: -Purchase Price: $60,000 -Projected ARV (Median): $135,000 -Local Rental Comps: $900–$995/month -Size: 768 SF ranch -Lot: 0.14 acres -Basement: Full unfinished — storage, expansion, or ADU potential Strategy Flex: -Fix-and-Flip: Clear spread with demo largely completed -Long-Term Rental: Strong cash flow in an established rental corridor -BRRRR: Rehab, rent, refi, repeat — the numbers support the strategy -First Investment Property: Right size, right price, right entry point The spacious backyard adds tenant appeal (or resale appeal, depending on your exit), and the full basement offers real long-term upside for storage, finished square footage, or future expansion. Ranch layouts of this size in this price point move quickly in Dayton — especially ones where the demo is already underway. Bring your contractor, your scope of work, and your investment strategy. 2241 Kensington Drive is ready for its next chapter — and the next investor who sees the spread. Cash and hard-money buyers preferred.