240 W Main St #BRussiaOH45363
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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 Russia at 240 W Main St #B, Russia, OH, 45363 offers $2,677/mo rent that, after a $1,955/mo payment, leaves $50/mo cash flow. Total monthly income is $2,677/mo, and annual cash flow is $594/yr on $132,434 cash. Return on cash invested measures 20.36% in year one, and rental yield stands at 8.04% at a $399,500 entry. Equity gained on principal adds $2,578/yr while 5% annual appreciation compounds into $110,374 by year five. Five-year ROI records 105.77% and total cumulative return in cash reaches $140,079. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,677/mo property income versus a $1,955/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45363, Russia, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 623 (100%) |
| Owner Occupied HU | 501 (80.4%) |
| Renter Occupied HU | 94 (15.1%) |
| Vacant Housing Units | 28 ( 4.5%) |
| Median Home Value | $293,929 |
| Average Home Value | $330,025 |
Housing Distribution
Address Breakdown
Residential
587
Single Family
587
Multi-Family
0
Businesses
43
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