312 Irving AveBellefontaineOH43311
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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 Bellefontaine at 312 Irving Ave, Bellefontaine, OH, 43311 priced at $224,900 pairs $2,150/mo rent with $670/mo cash flow after a $1,101/mo payment. Total monthly income equals $2,150/mo, and annual cash flow comes to $8,045/yr on $74,554 invested. Return on cash invested is 30.7% in year one, and rental yield stands at 11.47% on a $224,900 basis. Equity gained on principal adds $1,451/yr, and 5% annual appreciation accumulates to $62,136 by year five. Five-year ROI measures 161.25% and total cumulative return in cash reaches $120,217. For financing, Ziffy Mortgage’s DSCR program evaluates $2,150/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43311, Bellefontaine, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,883 (100%) |
| Owner Occupied HU | 5,419 (61.0%) |
| Renter Occupied HU | 2,888 (32.5%) |
| Vacant Housing Units | 576 ( 6.5%) |
| Median Home Value | $195,229 |
| Average Home Value | $226,253 |
Housing Distribution
Address Breakdown
Residential
8,514
Single Family
8,096
Multi-Family
418
Businesses
739
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Listed by: Julie Abraham • Bell Hankins Realty Group, LLC
Mls Name: WRIST
Mls ID: #1041464