221 Main St, Bellville, OH, 44813 | $227/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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221 Main St, Bellville, OH, 44813 | $227/mo Cash Flow | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Bellville at 221 Main St, Bellville, OH, 44813 priced at $160,000 converts $1,279/mo rent into $227/mo cash flow after a $783/mo obligation. Total monthly income equals $1,279/mo, and annual cash flow totals $2,720/yr on $53,040 invested. Return on cash invested prints 25.04% in year one, and rental yield reads 9.59% against a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,205 by year five. Five-year ROI reaches 130.89% and total cumulative return in cash sums $69,422. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,279/mo property income covering a $783/mo payment, not borrower’s personal income.

Single Family

Built in 1880

1.34 Acres lot

$N/A/sqft

No HOA

More details about the property

This charming 3-bedroom, 1-bath 1,500+ sq ft home is conveniently located within walking distance of Downtown Bellville's shopping and dining. Enjoy the enclosed front porch, perfect for relaxing, and a spacious bonus room off the kitchen, which could have the potential to be an office, extra living space or laundry room. The property also includes a 2-car garage for ample parking and storage. Located on the picturesque Main St., this home is zoned B-1 and part of the Neighborhood Business District, offering great potential for residential living or business opportunities. Schedule your tour today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 44813, Bellville, OH area.

Housing Distribution

Housing Statistics

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