312 3rd StBeverlyOH45715
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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 Beverly at 312 3rd St, Beverly, OH, 45715 generates $1,666/mo in rent and, after a $627/mo payment, leaves $825/mo in cash flow. Total monthly income is $1,666/mo, and annual cash flow is $9,894/yr on $42,432 invested. Return on cash invested sits at 43.23% in year one, and rental yield is 15.62% on a $128,000 entry. Equity gained on principal adds $826/yr, while 5% annual appreciation builds toward $35,364 over five years. Five-year ROI reaches 228.45% and total cumulative return in cash sums $96,935. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,666/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45715, Beverly, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,107 (100%) |
| Owner Occupied HU | 770 (69.6%) |
| Renter Occupied HU | 230 (20.8%) |
| Vacant Housing Units | 107 ( 9.7%) |
| Median Home Value | $182,979 |
| Average Home Value | $203,727 |
Housing Distribution
Address Breakdown
Residential
722
Single Family
722
Multi-Family
0
Businesses
91
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