1415 N Main AveSidneyOH45365
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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 Sidney at 1415 N Main Ave, Sidney, OH, 45365 priced at $198,900 converts $2,972/mo rent into $1,663/mo cash flow after a $974/mo obligation. Total monthly income equals $2,972/mo, and annual cash flow totals $19,958/yr on $65,935 invested. Return on cash invested prints 50.18% in year one, and rental yield reads 17.93% against a $198,900 entry. Equity gained on principal adds $1,283/yr, while 5% annual appreciation compiles into $54,952 by year five. Five-year ROI reaches 265.73% and total cumulative return in cash sums $175,211. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,972/mo property income covering a $974/mo payment, not borrower’s personal income.
Single Family
Built in 1958
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45365, Sidney, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,817 (100%) |
| Owner Occupied HU | 7,927 (61.8%) |
| Renter Occupied HU | 3,998 (31.2%) |
| Vacant Housing Units | 892 ( 7.0%) |
| Median Home Value | $188,452 |
| Average Home Value | $224,980 |
Housing Distribution
Address Breakdown
Residential
12,265
Single Family
11,473
Multi-Family
792
Businesses
851
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Listed by: Pattie Armstrong • Brokers Real Estate
Mls Name: WRIST
Mls Provider:
Mls ID: #1034177
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