303 Torrence StBelle CenterOH43310
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 303 Torrence St, Belle Center, OH, 43310 offers $1,052/mo rent that, after a $582/mo payment, leaves $270/mo cash flow. Total monthly income is $1,052/mo, and annual cash flow is $3,236/yr on $39,449 cash. Return on cash invested measures 28.11% in year one, and rental yield stands at 10.61% at a $119,000 entry. Equity gained on principal adds $768/yr while 5% annual appreciation compounds into $32,878 by year five. Five-year ROI records 147.36% and total cumulative return in cash reaches $58,133. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,052/mo property income versus a $582/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1974
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: Heidi Baker • Bell Hankins Realty Group, LLC
Mls Name: WRIST
Mls Provider:
Mls ID: #1039874
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.