509 Woodland DrBellefontaineOH43311
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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 509 Woodland Dr, Bellefontaine, OH, 43311 priced at $279,900 pairs $2,136/mo rent with $295/mo cash flow after a $1,370/mo payment. Total monthly income equals $2,136/mo, and annual cash flow comes to $3,538/yr on $92,787 invested. Return on cash invested is 23.72% in year one, and rental yield stands at 9.16% on a $279,900 basis. Equity gained on principal adds $1,806/yr, and 5% annual appreciation accumulates to $77,331 by year five. Five-year ROI measures 123.79% and total cumulative return in cash reaches $114,865. For financing, Ziffy Mortgage’s DSCR program evaluates $2,136/mo property income against a $1,370/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1957
8,712 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: Jennifer Simpson • Howard Hanna Real Estate Services
Mls Name: WRIST
Mls Provider:
Mls ID: #1038892
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.