309 Lyme StBellevueOH44811
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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 Bellevue at 309 Lyme St, Bellevue, OH, 44811 offers $1,374/mo rent that, after a $724/mo payment, leaves $401/mo cash flow. Total monthly income is $1,374/mo, and annual cash flow is $4,810/yr on $49,062 cash. Return on cash invested measures 29.71% in year one, and rental yield stands at 11.14% at a $148,000 entry. Equity gained on principal adds $955/yr while 5% annual appreciation compounds into $40,890 by year five. Five-year ROI records 155.93% and total cumulative return in cash reaches $76,502. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,374/mo property income versus a $724/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
2,478 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44811, Bellevue, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,605 (100%) |
| Owner Occupied HU | 3,758 (67.0%) |
| Renter Occupied HU | 1,444 (25.8%) |
| Vacant Housing Units | 403 ( 7.2%) |
| Median Home Value | $183,974 |
| Average Home Value | $222,537 |
Housing Distribution
Address Breakdown
Residential
5,276
Single Family
5,079
Multi-Family
197
Businesses
356
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