609 S Ohio AveSidneyOH45365
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 609 S Ohio Ave, Sidney, OH, 45365 in Sidney is narrow, $143/mo net on $801/mo rent after the $450/mo debt service, but the property operates at break-even-plus, not a loss. At $100,000 with a 9.61% yield, the long-run equity case via 5% appreciation ($27,628 over five years) and $921/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.78 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $47,297.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.2% |
| Monthly Cash Flow | $143 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $801 |
| Total Monthly Debt Service | $618 |
| DSCR Ratio | 1.30x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1898
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45365, Sidney, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,817 (100%) |
| Owner Occupied HU | 7,927 (61.8%) |
| Renter Occupied HU | 3,998 (31.2%) |
| Vacant Housing Units | 892 ( 7.0%) |
| Median Home Value | $188,452 |
| Average Home Value | $224,980 |
Housing Distribution
Address Breakdown
Residential
12,265
Single Family
11,473
Multi-Family
792
Businesses
851
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
Single Family
Built in 1898
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45365, Sidney, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,817 (100%) |
| Owner Occupied HU | 7,927 (61.8%) |
| Renter Occupied HU | 3,998 (31.2%) |
| Vacant Housing Units | 892 ( 7.0%) |
| Median Home Value | $188,452 |
| Average Home Value | $224,980 |
Housing Distribution
Address Breakdown
Residential
12,265
Single Family
11,473
Multi-Family
792
Businesses
851
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pattie Armstrong • Brokers Real Estate
Mls Name: WRIST
Mls Provider:
Mls ID: #1039504
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.