1000 Garfield Ave Lot 77BellefontaineOH43311
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Ziffy AI Summary
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
Rental property for sale in Bellefontaine at 1000 Garfield Ave Lot 77, Bellefontaine, OH, 43311 generates $1,151/mo in rent and, after a $592/mo payment, leaves $355/mo in cash flow. Total monthly income is $1,151/mo, and annual cash flow is $4,266/yr on $40,083 invested. Return on cash invested sits at 30.55% in year one, and rental yield is 11.42% on a $120,914 entry. Equity gained on principal adds $780/yr, while 5% annual appreciation builds toward $33,406 over five years. Five-year ROI reaches 160.48% and total cumulative return in cash sums $64,326. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,151/mo property income rather than buyer’s personal income.
Manufactured
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43311, Bellefontaine, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,883 (100%) |
| Owner Occupied HU | 5,419 (61.0%) |
| Renter Occupied HU | 2,888 (32.5%) |
| Vacant Housing Units | 576 ( 6.5%) |
| Median Home Value | $195,229 |
| Average Home Value | $226,253 |
Housing Distribution
Address Breakdown
Residential
8,514
Single Family
8,096
Multi-Family
418
Businesses
739
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Listed by: N/A • UMH Properties, Inc.
Mls Name: UMH Properties Inc
Mls Provider:
Mls ID: #N/A