613 Harris Station RdBainbridgeOH45612
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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 Bainbridge at 613 Harris Station Rd, Bainbridge, OH, 45612 with 5% annual appreciation on a $160,000 basis while $1,595/mo rent supports operations. Total monthly income totals $1,595/mo and a $783/mo payment preserves $543/mo for cash returns. Annual cash flow comes to $6,512/yr on $53,040 deployed, and return on cash invested reaches 32.19% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,205 alongside rental yield of 11.96%. Five-year ROI measures 169.21% and total cumulative return in cash totals $89,750.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,595/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1988
5.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45612, Bainbridge, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,211 (100%) |
| Owner Occupied HU | 1,492 (67.5%) |
| Renter Occupied HU | 459 (20.8%) |
| Vacant Housing Units | 260 (11.8%) |
| Median Home Value | $203,518 |
| Average Home Value | $223,856 |
Housing Distribution
Address Breakdown
Residential
1,858
Single Family
1,819
Multi-Family
39
Businesses
83
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Listed by: Shelly Fink • Weichert Realtors Ron Neff Real Estate
Mls Name: Scioto Valley AOR
Mls Provider:
Mls ID: #195741
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