328 Purvis AveBremenOH43107
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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 Bremen at 328 Purvis Ave, Bremen, OH, 43107 priced at $200,000 pairs $1,200/mo rent with after a $979/mo payment. Total monthly income equals $1,200/mo. Return on cash invested is 17.82% in year one, and rental yield stands at 7.2% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 92.16% and total cumulative return in cash reaches $61,100. For financing, Ziffy Mortgage’s DSCR program evaluates $1,200/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43107, Bremen, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,235 (100%) |
| Owner Occupied HU | 955 (77.3%) |
| Renter Occupied HU | 196 (15.9%) |
| Vacant Housing Units | 84 ( 6.8%) |
| Median Home Value | $310,031 |
| Average Home Value | $330,764 |
Housing Distribution
Address Breakdown
Residential
1,336
Single Family
1,161
Multi-Family
175
Businesses
66
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