14470 Ellett RdBeloitOH44609
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
Investment property for sale in Beloit at 14470 Ellett Rd, Beloit, OH, 44609 uses $69,615 cash to close to unlock $546/yr annual cash flow and $46/mo monthly cash flow. Total monthly income runs $1,427/mo, and a $1,028/mo payment keeps the spread at $46/mo. Purchase price stands at $210,000, and rental yield measures 8.15% with $1,427/mo rent. Return on cash invested shows 20.69% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 107.6% and total cumulative return in cash records $74,908. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,427/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in 1994
3.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44609, Beloit, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,603 (100%) |
| Owner Occupied HU | 1,215 (75.8%) |
| Renter Occupied HU | 231 (14.4%) |
| Vacant Housing Units | 157 ( 9.8%) |
| Median Home Value | $205,270 |
| Average Home Value | $221,288 |
Housing Distribution
Address Breakdown
Residential
1,473
Single Family
1,423
Multi-Family
50
Businesses
55
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices