306 Frazier AveBellaireOH43906
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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 Bellaire at 306 Frazier Ave, Bellaire, OH, 43906 priced at $175,000 converts $1,204/mo rent into $52/mo cash flow after a $857/mo obligation. Total monthly income equals $1,204/mo, and annual cash flow totals $629/yr on $58,013 invested. Return on cash invested prints 20.99% in year one, and rental yield reads 8.26% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 109.23% and total cumulative return in cash sums $63,367. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,204/mo property income covering a $857/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43906, Bellaire, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,001 (100%) |
| Owner Occupied HU | 2,340 (58.5%) |
| Renter Occupied HU | 1,140 (28.5%) |
| Vacant Housing Units | 521 (13.0%) |
| Median Home Value | $142,530 |
| Average Home Value | $164,160 |
Housing Distribution
Address Breakdown
Residential
3,408
Single Family
3,271
Multi-Family
137
Businesses
249
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