2562 Sprague RdBethelOH45106
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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 Bethel at 2562 Sprague Rd, Bethel, OH, 45106 generates $1,194/mo in rent, after a $942/mo payment. Total monthly income is $1,194/mo. Return on cash invested sits at 18.55% in year one, and rental yield is 7.44% on a $192,500 entry. Equity gained on principal adds $1,242/yr, while 5% annual appreciation builds toward $53,184 over five years. Five-year ROI reaches 96.08% and total cumulative return in cash sums $61,313. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,194/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45106, Bethel, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,031 (100%) |
| Owner Occupied HU | 3,723 (74.0%) |
| Renter Occupied HU | 989 (19.7%) |
| Vacant Housing Units | 319 ( 6.3%) |
| Median Home Value | $261,646 |
| Average Home Value | $277,509 |
Housing Distribution
Address Breakdown
Residential
4,877
Single Family
4,690
Multi-Family
187
Businesses
221
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