12239 Sherman Church Rd 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
Rental property for sale in Bolivar at 12239 Sherman Church Rd NE, Bolivar, OH, 44612 generates $1,050/mo in rent, after a $1,590/mo payment. Total monthly income is $1,050/mo. Return on cash invested sits at 7.8% in year one, and rental yield is 3.88% on a $324,800 entry. Equity gained on principal adds $2,096/yr, while 5% annual appreciation builds toward $89,736 over five years. Five-year ROI reaches 38.44% and total cumulative return in cash sums $41,386. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,050/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
1.03 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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