1499 Ridge Rd NWBolivarOH44612
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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 Bolivar at 1499 Ridge Rd NW, Bolivar, OH, 44612 priced at $307,500 pairs $1,854/mo rent with after a $1,505/mo payment. Total monthly income equals $1,854/mo. Return on cash invested is 17.92% in year one, and rental yield stands at 7.24% on a $307,500 basis. Equity gained on principal adds $1,984/yr, and 5% annual appreciation accumulates to $84,957 by year five. Five-year ROI measures 92.74% and total cumulative return in cash reaches $94,539. For financing, Ziffy Mortgage’s DSCR program evaluates $1,854/mo property income against a $1,505/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1969
5.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44612, Bolivar, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,343 (100%) |
| Owner Occupied HU | 1,707 (72.9%) |
| Renter Occupied HU | 526 (22.4%) |
| Vacant Housing Units | 110 ( 4.7%) |
| Median Home Value | $269,361 |
| Average Home Value | $316,989 |
Housing Distribution
Address Breakdown
Residential
2,126
Single Family
2,090
Multi-Family
36
Businesses
149
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