317 W Water StNorth BaltimoreOH45872
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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 North Baltimore at 317 W Water St, North Baltimore, OH, 45872 earns $715/mo cash flow from $1,964/mo rent with a $929/mo payment. Total monthly income totals $1,964/mo, and annual cash flow totals $8,584/yr on $62,952 capital. ROI tracks 33.54% on current figures, and rental yield reads 12.41% at a $189,900 purchase. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 over five years. Five-year ROI reaches 176.54% and total cumulative return in cash sums $111,137. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,964/mo property income instead of your personal income.
Single Family
Built in 1900
4,917 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 45872, North Baltimore, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,793 (100%) |
| Owner Occupied HU | 1,213 (67.7%) |
| Renter Occupied HU | 461 (25.7%) |
| Vacant Housing Units | 119 ( 6.6%) |
| Median Home Value | $140,453 |
| Average Home Value | $199,660 |
Housing Distribution
Address Breakdown
Residential
1,689
Single Family
1,566
Multi-Family
123
Businesses
126
Price History
Date | Event | Price |
|---|---|---|
| 2024-10-25 | Price change | $189,900 |
| 2024-09-20 | Price change | $204,900 |
| 2024-09-04 | Listed for sale | $214,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-20 | $1573.01 | 0.67% | $35,250 | 20.60% |
| 2022-11-20 | $1562.57 | 2.11% | $29,230 | N/A |
| 2021-11-20 | $1530.28 | -0.41% | $29,230 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1900
- Architectural Style: Two Story
- Building Area: N/A
- Living Area: 2,014 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- Flooring: N/A
- Interior Features: Bath in Primary Bedroom
- Exterior Features: N/A
- Parking Features: Asphalt, Driveway, Detached
Location
- City: North Baltimore
- State: OH
- Subdivision: None
- Lot Size: 4,917 sqft
- Lot Features: Other
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Sanitary
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: North Baltimore
- Middle School: N/A
- High School: North Baltimore
Listed by: Brandon Johnson • Key Realty
Mls Name: NORIS
Mls ID: #6119833
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2024 NORIS. All rights reserved.