26145 State Route 62BeloitOH44609
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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
Investment property for sale in Beloit at 26145 State Route 62, Beloit, OH, 44609 uses $94,212 cash to close to unlock $3,727/yr annual cash flow and $311/mo monthly cash flow. Total monthly income runs $2,180/mo, and a $1,391/mo payment keeps the spread at $311/mo. Purchase price stands at $284,200, and rental yield measures 9.2% with $2,180/mo rent. Return on cash invested shows 23.87% in year one, and 5% annual appreciation builds toward $78,519 over five years. Five-year ROI reaches 124.58% and total cumulative return in cash records $117,367. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,180/mo property income covering a $1,391/mo payment rather than investor’s personal income.
Home Type Unknown
Built in 1860
6.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44609, Beloit, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,603 (100%) |
| Owner Occupied HU | 1,215 (75.8%) |
| Renter Occupied HU | 231 (14.4%) |
| Vacant Housing Units | 157 ( 9.8%) |
| Median Home Value | $205,270 |
| Average Home Value | $221,288 |
Housing Distribution
Address Breakdown
Residential
1,473
Single Family
1,423
Multi-Family
50
Businesses
55
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