122 E Main StVersaillesOH45380
INVESTMENT ANALYSIS
Investment Verdict
Solid Income122 E Main St, Versailles, OH, 45380 in Versailles earns a respectable 8.9% gross yield at $174,900, but after the $786/mo mortgage the net cash flow is $147/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.65) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $48,322 over five years, making equity the dominant return driver. Total projected return: $76,081.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.2% |
| Monthly Cash Flow | $147 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,297 |
| Total Monthly Debt Service | $1,081 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1900
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45380, Versailles, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,081 (100%) |
| Owner Occupied HU | 1,564 (75.2%) |
| Renter Occupied HU | 426 (20.5%) |
| Vacant Housing Units | 91 ( 4.4%) |
| Median Home Value | $262,369 |
| Average Home Value | $309,837 |
Housing Distribution
Address Breakdown
Residential
2,108
Single Family
2,057
Multi-Family
51
Businesses
191
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1900
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45380, Versailles, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,081 (100%) |
| Owner Occupied HU | 1,564 (75.2%) |
| Renter Occupied HU | 426 (20.5%) |
| Vacant Housing Units | 91 ( 4.4%) |
| Median Home Value | $262,369 |
| Average Home Value | $309,837 |
Housing Distribution
Address Breakdown
Residential
2,108
Single Family
2,057
Multi-Family
51
Businesses
191
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Victoria Heitkamp • Gray Realty, LLC
Mls Name: WRIST
Mls Provider:
Mls ID: #1040295
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.