601 Heritage DrBellefontaineOH43311
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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 Bellefontaine at 601 Heritage Dr, Bellefontaine, OH, 43311 with 5% annual appreciation on a $212,500 basis while $1,752/mo rent supports operations. Total monthly income totals $1,752/mo and a $1,040/mo payment preserves $354/mo for cash returns. Annual cash flow comes to $4,251/yr on $70,444 deployed, and return on cash invested reaches 25.94% in year one. Equity gained on principal adds $1,371/yr, and five-year appreciation sums $58,710 alongside rental yield of 9.89%. Five-year ROI measures 135.75% and total cumulative return in cash totals $95,624.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,752/mo property income versus a $1,040/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1969
9,583 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
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Listed by: Katie Crocco • Michel Realty RE/MAX Winners
Mls Name: WRIST
Mls Provider:
Mls ID: #1041475
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.