331 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
Investment property for sale in Bremen at 331 Purvis Ave, Bremen, OH, 43107 earns $1,318/mo cash flow from $3,018/mo rent with a $1,265/mo payment. Total monthly income totals $3,018/mo, and annual cash flow totals $15,814/yr on $85,693 capital. ROI tracks 38.36% on current figures, and rental yield reads 14.01% at a $258,500 purchase. Equity gained on principal adds $1,668/yr, and 5% annual appreciation supports $71,419 over five years. Five-year ROI reaches 202.31% and total cumulative return in cash sums $173,367. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,018/mo property income instead of your personal income.
Single Family
Built in 1900
0.30 Acres 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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Listed by: Nolan R Lamar • Howard Hanna Real Estate Servc
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225019482
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.