1506 Colonial LnBryanOH43506
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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 Bryan at 1506 Colonial Ln, Bryan, OH, 43506 priced at $189,000 pairs $1,620/mo rent with $377/mo cash flow after a $925/mo payment. Total monthly income equals $1,620/mo, and annual cash flow comes to $4,522/yr on $62,654 invested. Return on cash invested is 27.13% in year one, and rental yield stands at 10.29% on a $189,000 basis. Equity gained on principal adds $1,220/yr, and 5% annual appreciation accumulates to $52,217 by year five. Five-year ROI measures 142.05% and total cumulative return in cash reaches $89,002. For financing, Ziffy Mortgage’s DSCR program evaluates $1,620/mo property income against a $925/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1992
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43506, Bryan, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,821 (100%) |
| Owner Occupied HU | 4,617 (67.7%) |
| Renter Occupied HU | 1,805 (26.5%) |
| Vacant Housing Units | 399 ( 5.8%) |
| Median Home Value | $178,860 |
| Average Home Value | $215,737 |
Housing Distribution
Address Breakdown
Residential
6,643
Single Family
6,450
Multi-Family
193
Businesses
621
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Listed by: Margie Stark • AmeriMade Realty, LLC
Mls Name: NORIS
Mls ID: #6123459
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. 2024 NORIS. All rights reserved.