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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Bellville at 168 Kelly Ave, Bellville, OH, 44813 offers $1,756/mo rent that, after a $1,346/mo payment. Total monthly income is $1,756/mo. Return on cash invested measures 19.21% in year one, and rental yield stands at 7.66% at a $275,000 entry. Equity gained on principal adds $1,775/yr while 5% annual appreciation compounds into $75,977 by year five. Five-year ROI records 99.66% and total cumulative return in cash reaches $90,851. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,756/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
9,240 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44813, Bellville, OH area.
| 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 |
Residential
3,165
Single Family
3,121
Multi-Family
44
Businesses
159
Date | Event | Price |
|---|---|---|
| 2020-12-31 | Sold | $159,900 |
| 2020-11-22 | Pending sale | $159,900 |
| 2020-11-20 | Listed for sale | $159,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-23 | $2572.86 | 51.38% | $56,040 | 73.28% |
| 2022-05-23 | $1699.62 | -5.18% | $32,340 | N/A |
| 2021-05-23 | $1792.52 | 1.19% | $32,340 | N/A |
Listed by: Cassandra Swisher • Haring Realty, Inc.
Mls Name: MAR
Mls Provider:
Mls ID: #9067077
Disclaimer: Copyright Mansfield Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
