500 E Chillicothe AveBellefontaineOH43311
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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 Bellefontaine at 500 E Chillicothe Ave, Bellefontaine, OH, 43311 offers $1,464/mo rent that, after a $783/mo payment, leaves $412/mo cash flow. Total monthly income is $1,464/mo, and annual cash flow is $4,940/yr on $53,040 cash. Return on cash invested measures 29.22% in year one, and rental yield stands at 10.98% at a $159,999 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,205 by year five. Five-year ROI records 153.31% and total cumulative return in cash reaches $81,313. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,464/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1920
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43311, Bellefontaine, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,883 (100%) |
| Owner Occupied HU | 5,419 (61.0%) |
| Renter Occupied HU | 2,888 (32.5%) |
| Vacant Housing Units | 576 ( 6.5%) |
| Median Home Value | $195,229 |
| Average Home Value | $226,253 |
Housing Distribution
Address Breakdown
Residential
8,514
Single Family
8,096
Multi-Family
418
Businesses
739
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Listed by: Jordan McBride • e-Merge Real Estate
Mls Name: WRIST
Mls ID: #1037221