1184 Erie StBellefontaineOH43311
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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 1184 Erie St, Bellefontaine, OH, 43311 earns $2/mo cash flow from $1,640/mo rent with a $1,219/mo payment. Total monthly income totals $1,640/mo, and annual cash flow totals $22/yr on $82,544 capital. ROI tracks 19.94% on current figures, and rental yield reads 7.9% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 103.49% and total cumulative return in cash sums $85,424. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,640/mo property income instead of your personal income.
Single Family
Built in 1960
9,583 sqft 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: Jennifer Simpson • Howard Hanna Real Estate Services
Mls Name: WRIST
Mls ID: #1043038