131 N Spring StBlufftonOH45817
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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 Bluffton at 131 N Spring St, Bluffton, OH, 45817 earns $238/mo cash flow from $1,390/mo rent with a $857/mo payment. Total monthly income totals $1,390/mo, and annual cash flow totals $2,861/yr on $58,012 capital. ROI tracks 24.84% on current figures, and rental yield reads 9.53% at a $174,999 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 129.85% and total cumulative return in cash sums $75,331. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,390/mo property income instead of your personal income.
Single Family
Built in 1928
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45817, Bluffton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,545 (100%) |
| Owner Occupied HU | 1,871 (73.5%) |
| Renter Occupied HU | 512 (20.1%) |
| Vacant Housing Units | 162 ( 6.4%) |
| Median Home Value | $239,872 |
| Average Home Value | $284,252 |
Housing Distribution
Address Breakdown
Residential
2,436
Single Family
2,367
Multi-Family
69
Businesses
224
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Listed by: Nicholas Sanchez • CCR Realtors
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306507
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. Information is deemed reliable but not guaranteed.