624 S Spring StBucyrusOH44820
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
Investment Highlights
Rental property for sale in Bucyrus at 624 S Spring St, Bucyrus, OH, 44820 priced at $159,900 pairs $1,454/mo rent with $395/mo cash flow after a $783/mo payment. Total monthly income equals $1,454/mo, and annual cash flow comes to $4,740/yr on $53,007 invested. Return on cash invested is 28.85% in year one, and rental yield stands at 10.91% on a $159,900 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,177 by year five. Five-year ROI measures 151.46% and total cumulative return in cash reaches $80,286. For financing, Ziffy Mortgage’s DSCR program evaluates $1,454/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1943
3,706 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44820, Bucyrus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,083 (100%) |
| Owner Occupied HU | 4,990 (61.7%) |
| Renter Occupied HU | 2,370 (29.3%) |
| Vacant Housing Units | 723 ( 8.9%) |
| Median Home Value | $140,789 |
| Average Home Value | $173,775 |
Housing Distribution
Address Breakdown
Residential
7,672
Single Family
7,356
Multi-Family
316
Businesses
601
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