315 Oak StVersaillesOH45380
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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
Investment property for sale in Versailles at 315 Oak St, Versailles, OH, 45380 uses $82,875 cash to close to unlock $518/yr annual cash flow and $43/mo monthly cash flow. Total monthly income runs $1,688/mo, and a $1,224/mo payment keeps the spread at $43/mo. Purchase price stands at $250,000, and rental yield measures 8.1% with $1,688/mo rent. Return on cash invested shows 20.53% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 106.76% and total cumulative return in cash records $88,474. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,688/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1900
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45380, Versailles, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,081 (100%) |
| Owner Occupied HU | 1,564 (75.2%) |
| Renter Occupied HU | 426 (20.5%) |
| Vacant Housing Units | 91 ( 4.4%) |
| Median Home Value | $262,369 |
| Average Home Value | $309,837 |
Housing Distribution
Address Breakdown
Residential
2,108
Single Family
2,057
Multi-Family
51
Businesses
191
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Listed by: Katheryn Schmiesing • Suchland Realty Group
Mls Name: WRIST
Mls Provider:
Mls ID: #1034113
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