3 S Walnut IsBelle 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 3 S Walnut Is, Belle Center, OH, 43310 offers $2,273/mo rent that, after a $1,950/mo payment. Total monthly income is $2,273/mo. Return on cash invested measures 16.75% in year one, and rental yield stands at 6.84% at a $398,500 entry. Equity gained on principal adds $2,571/yr while 5% annual appreciation compounds into $110,098 by year five. Five-year ROI records 86.43% and total cumulative return in cash reaches $114,181. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,273/mo property income versus a $1,950/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.36 Acres 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: Diane (Teri) P. Frymyer • Choice Properties Real Estate
Mls Name: WRIST
Mls Provider:
Mls ID: #1032455
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.