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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 Bluffton at 178 E Elm St, Bluffton, OH, 45817 offers $1,240/mo rent that, after a $1,027/mo payment. Total monthly income is $1,240/mo. Return on cash invested measures 17.49% in year one, and rental yield stands at 7.09% at a $209,900 entry. Equity gained on principal adds $1,354/yr while 5% annual appreciation compounds into $57,992 by year five. Five-year ROI records 90.38% and total cumulative return in cash reaches $62,888. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,240/mo property income versus a $1,027/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45817, Bluffton, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,545 (100%) |
| Owner Occupied HU | 1,871 (73.5%) |
| Renter Occupied HU | 512 (20.1%) |
| Vacant Housing Units | 162 ( 6.4%) |
| Median Home Value | $239,872 |
| Average Home Value | $284,252 |
Residential
2,436
Single Family
2,367
Multi-Family
69
Businesses
224
Date | Event | Price |
|---|---|---|
| 2025-01-06 | Listed for sale | $209,900 |
| 2018-09-25 | Sold | $120,900 |
| 1995-02-28 | Sold | $70,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-11 | $1593.32 | -0.27% | $44,700 | 0.70% |
| 2022-01-11 | $1597.60 | -0.65% | $44,390 | N/A |
| 2021-01-11 | $1608.02 | 13.61% | $44,390 | 19.30% |
Listed by: Chelsea Steinman • Key Realty
Mls Name: NORIS
Mls ID: #6124423
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.
