501 S Main AveSidneyOH45365
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
Investment property for sale in Sidney at 501 S Main Ave, Sidney, OH, 45365 uses $53,040 cash to close to unlock $2,324/yr annual cash flow and $194/mo monthly cash flow. Total monthly income runs $1,246/mo, and a $783/mo payment keeps the spread at $194/mo. Purchase price stands at $160,000, and rental yield measures 9.35% with $1,246/mo rent. Return on cash invested shows 24.29% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 126.88% and total cumulative return in cash records $67,298. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,246/mo property income covering a $783/mo payment rather than investor’s personal income.
Multi Family
Built in 1900
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45365, Sidney, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,817 (100%) |
| Owner Occupied HU | 7,927 (61.8%) |
| Renter Occupied HU | 3,998 (31.2%) |
| Vacant Housing Units | 892 ( 7.0%) |
| Median Home Value | $188,452 |
| Average Home Value | $224,980 |
Housing Distribution
Address Breakdown
Residential
12,265
Single Family
11,473
Multi-Family
792
Businesses
851
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices