588 Ward RdBidwellOH45614
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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
Investment property for sale in Bidwell at 588 Ward Rd, Bidwell, OH, 45614 offers a 11.98% rental yield on a $299,900 purchase with $2,994/mo rent. Total monthly income registers $2,994/mo, and a $1,468/mo payment leaves $1,021/mo available for distribution. Annual cash flow reaches $12,254/yr on $99,417 to close, and return on cash invested stands at 32.23% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 169.5% and total cumulative return in cash at $168,508. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,994/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
4.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45614, Bidwell, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,951 (100%) |
| Owner Occupied HU | 1,310 (67.1%) |
| Renter Occupied HU | 465 (23.8%) |
| Vacant Housing Units | 176 ( 9.0%) |
| Median Home Value | $148,760 |
| Average Home Value | $170,447 |
Housing Distribution
Address Breakdown
Residential
1,876
Single Family
1,775
Multi-Family
101
Businesses
72
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