301 N State StBelle 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
Investment property for sale in Belle Center at 301 N State St, Belle Center, OH, 43310 offers a 8.86% rental yield on a $217,600 purchase with $1,607/mo rent. Total monthly income registers $1,607/mo, and a $1,065/mo payment leaves $176/mo available for distribution. Annual cash flow reaches $2,108/yr on $72,134 to close, and return on cash invested stands at 22.83% in year one. Equity gained on principal adds $1,404/yr while 5% annual appreciation supports $60,119 over five years. Portfolio math shows five-year ROI at 119.03% and total cumulative return in cash at $85,862. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,607/mo property income against a $1,065/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.27 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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