218 Charles StBelle CenterOH43310
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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
Rental property for sale in Belle Center at 218 Charles St, Belle Center, OH, 43310 priced at $149,900 pairs $1,228/mo rent with $242/mo cash flow after a $734/mo payment. Total monthly income equals $1,228/mo, and annual cash flow comes to $2,900/yr on $49,692 invested. Return on cash invested is 25.75% in year one, and rental yield stands at 9.83% on a $149,900 basis. Equity gained on principal adds $967/yr, and 5% annual appreciation accumulates to $41,415 by year five. Five-year ROI measures 134.68% and total cumulative return in cash reaches $66,923. For financing, Ziffy Mortgage’s DSCR program evaluates $1,228/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43310, Belle Center, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,543 (100%) |
| Owner Occupied HU | 1,065 (69.0%) |
| Renter Occupied HU | 154 ( 10.0%) |
| Vacant Housing Units | 324 (21.0%) |
| Median Home Value | $196,833 |
| Average Home Value | $240,880 |
Housing Distribution
Address Breakdown
Residential
1,387
Single Family
1,387
Multi-Family
0
Businesses
40
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Listed by: Tyler Thompson • P. Allan Investment Realty
Mls Name: WRIST
Mls Provider:
Mls ID: #1036518
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.