5236 Algire RdBellvilleOH44813
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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 Bellville at 5236 Algire Rd, Bellville, OH, 44813 offers $3,209/mo rent that, after a $2,393/mo payment. Total monthly income is $3,209/mo. Return on cash invested measures 19.86% in year one, and rental yield stands at 7.87% at a $489,000 entry. Equity gained on principal adds $3,155/yr while 5% annual appreciation compounds into $135,102 by year five. Five-year ROI records 103.06% and total cumulative return in cash reaches $167,062. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,209/mo property income versus a $2,393/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44813, Bellville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,333 (100%) |
| Owner Occupied HU | 2,606 (78.2%) |
| Renter Occupied HU | 597 (17.9%) |
| Vacant Housing Units | 130 ( 3.9%) |
| Median Home Value | $236,607 |
| Average Home Value | $266,361 |
Housing Distribution
Address Breakdown
Residential
3,165
Single Family
3,121
Multi-Family
44
Businesses
159
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