1214 Morris AveSidneyOH45365
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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 Sidney at 1214 Morris Ave, Sidney, OH, 45365 offers a 10.06% rental yield on a $195,900 purchase with $1,642/mo rent. Total monthly income registers $1,642/mo, and a $959/mo payment leaves $353/mo available for distribution. Annual cash flow reaches $4,239/yr on $64,941 to close, and return on cash invested stands at 26.44% in year one. Equity gained on principal adds $1,264/yr while 5% annual appreciation supports $54,124 over five years. Portfolio math shows five-year ROI at 138.41% and total cumulative return in cash at $89,885. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,642/mo property income against a $959/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45365, Sidney, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,817 (100%) |
| Owner Occupied HU | 7,927 (61.8%) |
| Renter Occupied HU | 3,998 (31.2%) |
| Vacant Housing Units | 892 ( 7.0%) |
| Median Home Value | $188,452 |
| Average Home Value | $224,980 |
Housing Distribution
Address Breakdown
Residential
12,265
Single Family
11,473
Multi-Family
792
Businesses
851
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