520 E Sandusky 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 520 E Sandusky Ave, Bellefontaine, OH, 43311 generates $1,096/mo in rent and, after a $685/mo payment, leaves $176/mo in cash flow. Total monthly income is $1,096/mo, and annual cash flow is $2,106/yr on $46,377 invested. Return on cash invested sits at 24.45% in year one, and rental yield is 9.4% on a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 127.75% and total cumulative return in cash sums $59,247. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,096/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.25 Acres 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: Kyle Springs • Zimmerman Realty Ltd.
Mls Name: WRIST
Mls ID: #1034241