1058 Township Road 179BellefontaineOH43311
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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
Investment property for sale in Bellefontaine at 1058 Township Road 179, Bellefontaine, OH, 43311 uses $119,307 cash to close to unlock $5,426/yr annual cash flow and $452/mo monthly cash flow. Total monthly income runs $2,820/mo, and a $1,762/mo payment keeps the spread at $452/mo. Purchase price stands at $359,900, and rental yield measures 9.4% with $2,820/mo rent. Return on cash invested shows 24.46% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 127.78% and total cumulative return in cash records $152,450. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,820/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 1988
1.17 Acres 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: Cory Burch • Choice Properties Real Estate
Mls Name: WRIST
Mls ID: #1043328