429 E Main StBainbridgeOH45612
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bainbridge at 429 E Main St, Bainbridge, OH, 45612 generates $2,594/mo in rent and, after a $1,317/mo payment, leaves $824/mo in cash flow. Total monthly income is $2,594/mo, and annual cash flow is $9,890/yr on $89,174 invested. Return on cash invested sits at 31% in year one, and rental yield is 11.57% on a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 162.88% and total cumulative return in cash sums $145,247. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,594/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45612, Bainbridge, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,211 (100%) |
| Owner Occupied HU | 1,492 (67.5%) |
| Renter Occupied HU | 459 (20.8%) |
| Vacant Housing Units | 260 (11.8%) |
| Median Home Value | $203,518 |
| Average Home Value | $223,856 |
Housing Distribution
Address Breakdown
Residential
1,858
Single Family
1,819
Multi-Family
39
Businesses
83
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gary Binegar • Fout Realty
Mls Name: My State MLS
Mls ID: #11120911