5691 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 5691 Algire Rd, Bellville, OH, 44813 generates $1,847/mo in rent, after a $2,692/mo payment. Total monthly income is $1,847/mo. Return on cash invested sits at 8.32% in year one, and rental yield is 4.03% on a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 41.18% and total cumulative return in cash sums $74,518. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,847/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
4.06 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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