309 Welch StDennisonOH44621
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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 Dennison at 309 Welch St, Dennison, OH, 44621 priced at $105,000 converts $0/mo rent into after a $514/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -3.9% in year one, and rental yield reads 0% against a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation compiles into $29,010 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $514/mo payment, not borrower’s personal income.
Single Family
Built in 1899
2,448 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44621, Dennison, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,097 (100%) |
| Owner Occupied HU | 1,359 (64.8%) |
| Renter Occupied HU | 556 (26.5%) |
| Vacant Housing Units | 182 ( 8.7%) |
| Median Home Value | $158,234 |
| Average Home Value | $203,863 |
Housing Distribution
Address Breakdown
Residential
1,928
Single Family
1,858
Multi-Family
70
Businesses
100
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices