1563 State Route 97 EBellvilleOH44813
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 Bellville at 1563 State Route 97 E, Bellville, OH, 44813 earns $375/mo cash flow from $1,855/mo rent with a $1,101/mo payment. Total monthly income totals $1,855/mo, and annual cash flow totals $4,503/yr on $74,588 capital. ROI tracks 25.95% on current figures, and rental yield reads 9.89% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 135.78% and total cumulative return in cash sums $101,277. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,855/mo property income instead of your personal income.
Single Family
Built in 1870
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44813, Bellville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,333 (100%) |
| Owner Occupied HU | 2,606 (78.2%) |
| Renter Occupied HU | 597 (17.9%) |
| Vacant Housing Units | 130 ( 3.9%) |
| Median Home Value | $236,607 |
| Average Home Value | $266,361 |
Housing Distribution
Address Breakdown
Residential
3,165
Single Family
3,121
Multi-Family
44
Businesses
159
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices