Xenia is located in a good market for 5+ unit multifamily loans. Multifamily loans in Xenia are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Xenia are competitive. Xenia apartments may be eligible for non-recourse multifamily loans up to 80% and other favorable terms like long term fixed rates and interest only payment options. SoftQuotes' lenders will lend on 5+ unit multifamily properties in Xenia.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Xenia are:
Fannie Mae® |
$1M to $6M |
|---|---|
| 5 Year Fixed | 6.71% - 7.45% |
| 7 Year Fixed | 6.66% - 7.17% |
| 10 Year Fixed | 6.64% - 7.04% |
Freddie Mac® |
$1M to $7.5M |
|---|---|
| 5 Year Fixed | 6.39% - 6.63% |
| 7 Year Fixed | 6.20% - 6.44% |
| 10 Year Fixed | 6.24% - 6.48% |
Fannie Mae® |
$6M to $100M |
|---|---|
| 5 Year Fixed | 6.51% - 7.25% |
| 7 Year Fixed | 6.46% - 6.97% |
| 10 Year Fixed | 6.44% - 6.84% |
Freddie Mac® |
$7.5M to $100M |
|---|---|
| 5 Year Fixed | 5.59% - 5.69% |
| 7 Year Fixed | 5.64% - 5.74% |
| 10 Year Fixed | 5.62% - 5.72% |
All major multifamily lender types are lending in Xenia.
The city of Xenia in Greene County has a population of 26,947. The median rent in Greene County for a 2 bedroom is $891. The median Xenia resident is 39 years old with a yearly income of $25,591. The average family has 2.97 members and a median household income of $45,812. Xenia has a 19% higher education rate. The unemployment rate in Xenia is 7.9%.
41.3% of Xenia households are renters.
32.7% median household income spent on rent.
Bedrooms |
Greene County 1 |
Ohio 2 |
National 2 |
|---|---|---|---|
| Studio | $600 | $597 | $737 |
| 1 bedroom | $689 | $662 | $813 |
| 2 bedroom | $891 | $834 | $1,015 |
| 3 bedroom | $1,196 | $1,084 | $1,325 |
| 4 bedroom | $1,294 | $1,205 | $1,521 |
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