641 Washington StVersaillesOH45380
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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 Versailles at 641 Washington St, Versailles, OH, 45380 generates $1,433/mo in rent and, after a $1,003/mo payment, leaves $85/mo in cash flow. Total monthly income is $1,433/mo, and annual cash flow is $1,019/yr on $67,958 invested. Return on cash invested sits at 21.41% in year one, and rental yield is 8.39% on a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 111.38% and total cumulative return in cash sums $75,690. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,433/mo property income rather than buyer’s personal income.
Single Family
Built in 1935
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45380, Versailles, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,081 (100%) |
| Owner Occupied HU | 1,564 (75.2%) |
| Renter Occupied HU | 426 (20.5%) |
| Vacant Housing Units | 91 ( 4.4%) |
| Median Home Value | $262,369 |
| Average Home Value | $309,837 |
Housing Distribution
Address Breakdown
Residential
2,108
Single Family
2,057
Multi-Family
51
Businesses
191
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Listed by: Katheryn Schmiesing • Suchland Realty Group
Mls Name: WRIST
Mls Provider:
Mls ID: #1038699
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.