590 E Main StBataviaOH45103
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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 Batavia at 590 E Main St, Batavia, OH, 45103 priced at $109,000 converts $2,096/mo rent into $1,379/mo cash flow after a $534/mo obligation. Total monthly income equals $2,096/mo, and annual cash flow totals $16,542/yr on $36,134 invested. Return on cash invested prints 65.69% in year one, and rental yield reads 23.08% against a $109,000 entry. Equity gained on principal adds $703/yr, while 5% annual appreciation compiles into $30,115 by year five. Five-year ROI reaches 348.9% and total cumulative return in cash sums $126,070. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,096/mo property income covering a $534/mo payment, not borrower’s personal income.
Single Family
Built in 1934
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45103, Batavia, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,169 (100%) |
| Owner Occupied HU | 9,944 (65.6%) |
| Renter Occupied HU | 4,585 (30.2%) |
| Vacant Housing Units | 640 ( 4.2%) |
| Median Home Value | $304,351 |
| Average Home Value | $318,815 |
Housing Distribution
Address Breakdown
Residential
14,929
Single Family
12,576
Multi-Family
2,353
Businesses
723
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