1223 Bimeler St NEBolivarOH44612
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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 Bolivar at 1223 Bimeler St NE, Bolivar, OH, 44612 listed at $369,900 pairs $1,050/mo rent with a $1,810/mo payment. Total monthly income runs $1,050/mo. Return on cash invested measures 6.38% in year one, and rental yield registers 3.41% at a $369,900 basis. Equity gained on principal adds $2,387/yr, and annual property appreciation at 5% supports $102,197 by year five. Five-year ROI tracks 30.81% and total cumulative return in cash totals $37,786. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,050/mo property income relative to a $1,810/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44612, Bolivar, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,343 (100%) |
| Owner Occupied HU | 1,707 (72.9%) |
| Renter Occupied HU | 526 (22.4%) |
| Vacant Housing Units | 110 ( 4.7%) |
| Median Home Value | $269,361 |
| Average Home Value | $316,989 |
Housing Distribution
Address Breakdown
Residential
2,126
Single Family
2,090
Multi-Family
36
Businesses
149
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