511 E Rensselaer StBucyrusOH44820
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 511 E Rensselaer St, Bucyrus, OH, 44820 in Bucyrus hard to pass up. The 13.7% gross yield on a $154,000 purchase results in $1,758/mo in rent and $745/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.54). Annual cash flow of $8,940, five-year appreciation of $42,547, and $1,418/yr in equity build-up combine for a projected total cumulative return of $106,634.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 13.7% | 6.2% |
| Monthly Cash Flow | $745 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,758 |
| Total Monthly Debt Service | $952 |
| DSCR Ratio | 1.85x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1917
7,850 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44820, Bucyrus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,083 (100%) |
| Owner Occupied HU | 4,990 (61.7%) |
| Renter Occupied HU | 2,370 (29.3%) |
| Vacant Housing Units | 723 ( 8.9%) |
| Median Home Value | $140,789 |
| Average Home Value | $173,775 |
Housing Distribution
Address Breakdown
Residential
7,672
Single Family
7,356
Multi-Family
316
Businesses
601
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
Single Family
Built in 1917
7,850 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44820, Bucyrus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,083 (100%) |
| Owner Occupied HU | 4,990 (61.7%) |
| Renter Occupied HU | 2,370 (29.3%) |
| Vacant Housing Units | 723 ( 8.9%) |
| Median Home Value | $140,789 |
| Average Home Value | $173,775 |
Housing Distribution
Address Breakdown
Residential
7,672
Single Family
7,356
Multi-Family
316
Businesses
601
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices