561 Eastern AveBellefontaineOH43311
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
Investment Highlights
Rental property for sale in Bellefontaine at 561 Eastern Ave, Bellefontaine, OH, 43311 offers $1,140/mo rent that, after a $710/mo payment, leaves $186/mo cash flow. Total monthly income is $1,140/mo, and annual cash flow is $2,231/yr on $48,068 cash. Return on cash invested measures 24.55% in year one, and rental yield stands at 9.43% at a $145,000 entry. Equity gained on principal adds $936/yr while 5% annual appreciation compounds into $40,061 by year five. Five-year ROI records 128.24% and total cumulative return in cash reaches $61,640. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,140/mo property income versus a $710/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
5,200 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A