176 N Main StRittmanOH44270
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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
Investment property for sale in Rittman at 176 N Main St, Rittman, OH, 44270 with 5% annual appreciation on a $159,900 basis while $1,020/mo rent supports operations. 18% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,177 alongside rental yield of 7.65%. Five-year ROI measures 99.46% and total cumulative return in cash totals $52,722. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,020/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
6,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44270, Rittman, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,650 (100%) |
| Owner Occupied HU | 2,439 (66.8%) |
| Renter Occupied HU | 997 (27.3%) |
| Vacant Housing Units | 214 ( 5.9%) |
| Median Home Value | $209,012 |
| Average Home Value | $244,429 |
Housing Distribution
Address Breakdown
Residential
3,522
Single Family
3,429
Multi-Family
93
Businesses
171
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