129 State StBettsvilleOH44815
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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 Bettsville at 129 State St, Bettsville, OH, 44815 generates $878/mo in rent and, after a $563/mo payment, leaves $121/mo in cash flow. Total monthly income is $878/mo, and annual cash flow is $1,457/yr on $38,123 invested. Return on cash invested sits at 23.73% in year one, and rental yield is 9.16% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 123.95% and total cumulative return in cash sums $47,253. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $878/mo property income rather than buyer’s personal income.
Multi Family
Built in 1896
6,211 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44815, Bettsville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 257 (100%) |
| Owner Occupied HU | 185 (72.0%) |
| Renter Occupied HU | 48 (18.7%) |
| Vacant Housing Units | 24 ( 9.3%) |
| Median Home Value | $122,845 |
| Average Home Value | $150,811 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
18
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Listed by: April J. Hull • Century 21 Bolte Real Estate
Mls Name: Firelands MLS
Mls ID: #20242211
Disclaimer: Listing information is deemed reliable, but not guaranteed.