32 N East 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 32 N East St, Versailles, OH, 45380 offers a 11.6% rental yield on a $119,900 purchase with $1,159/mo rent. Total monthly income registers $1,159/mo, and a $587/mo payment leaves $370/mo available for distribution. Annual cash flow reaches $4,442/yr on $39,747 to close, and return on cash invested stands at 31.08% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,126 over five years. Portfolio math shows five-year ROI at 163.42% and total cumulative return in cash at $64,956. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,159/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1905
8,712 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: Victoria Heitkamp • Gray Realty, LLC
Mls Name: WRIST
Mls Provider:
Mls ID: #1037432
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.