402 N Elizabeth StBelle CenterOH43310
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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 Belle Center at 402 N Elizabeth St, Belle Center, OH, 43310 listed at $199,900 pairs $1,541/mo rent with a $978/mo payment to leave $227/mo cash flow. Total monthly income runs $1,541/mo, and annual cash flow reaches $2,718/yr on $66,267 cash to close. Return on cash invested measures 24.01% in year one, and rental yield registers 9.25% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 125.38% and total cumulative return in cash totals $83,089. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,541/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43310, Belle Center, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,543 (100%) |
| Owner Occupied HU | 1,065 (69.0%) |
| Renter Occupied HU | 154 ( 10.0%) |
| Vacant Housing Units | 324 (21.0%) |
| Median Home Value | $196,833 |
| Average Home Value | $240,880 |
Housing Distribution
Address Breakdown
Residential
1,387
Single Family
1,387
Multi-Family
0
Businesses
40
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Listed by: Bryn Daring-Stewart • Royer Realty LLC
Mls Name: WCAR OH
Mls ID: #307907