417 S Main StBotkinsOH45306
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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 Botkins at 417 S Main St, Botkins, OH, 45306 priced at $239,000 converts $1,644/mo rent into $72/mo cash flow after a $1,170/mo obligation. Total monthly income equals $1,644/mo, and annual cash flow totals $860/yr on $79,229 invested. Return on cash invested prints 20.99% in year one, and rental yield reads 8.25% against a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation compiles into $66,031 by year five. Five-year ROI reaches 109.2% and total cumulative return in cash sums $86,520. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,644/mo property income covering a $1,170/mo payment, not borrower’s personal income.
Single Family
Built in 1970
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45306, Botkins, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 995 (100%) |
| Owner Occupied HU | 770 (77.4%) |
| Renter Occupied HU | 182 (18.3%) |
| Vacant Housing Units | 43 ( 4.3%) |
| Median Home Value | $250,000 |
| Average Home Value | $275,286 |
Housing Distribution
Address Breakdown
Residential
512
Single Family
512
Multi-Family
0
Businesses
81
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Listed by: Paula Hill • Fathom Realty OH LLC
Mls Name: WCAR OH
Mls Provider:
Mls ID: #305623
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.