507 Center StRepublicOH44867
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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 Republic at 507 Center St, Republic, OH, 44867 priced at $164,900 pairs $1,618/mo rent with $533/mo cash flow after a $807/mo payment. Total monthly income equals $1,618/mo, and annual cash flow comes to $6,401/yr on $54,664 invested. Return on cash invested is 31.62% in year one, and rental yield stands at 11.77% on a $164,900 basis. Equity gained on principal adds $1,064/yr, and 5% annual appreciation accumulates to $45,559 by year five. Five-year ROI measures 166.21% and total cumulative return in cash reaches $90,856. For financing, Ziffy Mortgage’s DSCR program evaluates $1,618/mo property income against a $807/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1886
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44867, Republic, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 895 (100%) |
| Owner Occupied HU | 722 (80.7%) |
| Renter Occupied HU | 112 (12.5%) |
| Vacant Housing Units | 61 ( 6.8%) |
| Median Home Value | $182,377 |
| Average Home Value | $218,778 |
Housing Distribution
Address Breakdown
Residential
683
Single Family
683
Multi-Family
0
Businesses
34
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