1320 E Southern AveBucyrusOH44820
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
Investment Highlights
Total monthly income runs $1,080/mo, and a $1,003/mo payment. Purchase price stands at $204,900, and rental yield measures 6.33% with $1,080/mo rent. Return on cash invested shows 15.18% in year one, and 5% annual appreciation builds toward $56,610 over five years. Five-year ROI reaches 78.03% and total cumulative return in cash records $53,002. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,080/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Single Family
Built in 1974
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44820, Bucyrus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,083 (100%) |
| Owner Occupied HU | 4,990 (61.7%) |
| Renter Occupied HU | 2,370 (29.3%) |
| Vacant Housing Units | 723 ( 8.9%) |
| Median Home Value | $140,789 |
| Average Home Value | $173,775 |
Housing Distribution
Address Breakdown
Residential
7,672
Single Family
7,356
Multi-Family
316
Businesses
601
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices