319 W Durbin CirBellvilleOH44813
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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 Bellville at 319 W Durbin Cir, Bellville, OH, 44813 uses $86,157 cash to close to unlock $6,510/yr annual cash flow and $543/mo monthly cash flow. Total monthly income runs $2,252/mo, and a $1,272/mo payment keeps the spread at $543/mo. Purchase price stands at $259,900, and rental yield measures 10.4% with $2,252/mo rent. Return on cash invested shows 27.46% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 143.89% and total cumulative return in cash records $123,970. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,252/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44813, Bellville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,333 (100%) |
| Owner Occupied HU | 2,606 (78.2%) |
| Renter Occupied HU | 597 (17.9%) |
| Vacant Housing Units | 130 ( 3.9%) |
| Median Home Value | $236,607 |
| Average Home Value | $266,361 |
Housing Distribution
Address Breakdown
Residential
3,165
Single Family
3,121
Multi-Family
44
Businesses
159
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