204 E Spring AveBellefontaineOH43311
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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
Rental property for sale in Bellefontaine at 204 E Spring Ave, Bellefontaine, OH, 43311 priced at $193,000 pairs $1,777/mo rent with $507/mo cash flow after a $945/mo payment. Total monthly income equals $1,777/mo, and annual cash flow comes to $6,085/yr on $63,980 invested. Return on cash invested is 29.42% in year one, and rental yield stands at 11.05% on a $193,000 basis. Equity gained on principal adds $1,245/yr, and 5% annual appreciation accumulates to $53,322 by year five. Five-year ROI measures 154.43% and total cumulative return in cash reaches $98,802. For financing, Ziffy Mortgage’s DSCR program evaluates $1,777/mo property income against a $945/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43311, Bellefontaine, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,883 (100%) |
| Owner Occupied HU | 5,419 (61.0%) |
| Renter Occupied HU | 2,888 (32.5%) |
| Vacant Housing Units | 576 ( 6.5%) |
| Median Home Value | $195,229 |
| Average Home Value | $226,253 |
Housing Distribution
Address Breakdown
Residential
8,514
Single Family
8,096
Multi-Family
418
Businesses
739
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Listed by: Jason Cozad • Sibcy Cline, Inc.
Mls Name: WRIST
Mls ID: #1042380