653 Fair RdSidneyOH45365
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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 Sidney at 653 Fair Rd, Sidney, OH, 45365 priced at $169,900 converts $1,673/mo rent into $450/mo cash flow after a $832/mo obligation. Total monthly income equals $1,673/mo, and annual cash flow totals $5,399/yr on $56,322 invested. Return on cash invested prints 29.5% in year one, and rental yield reads 11.82% against a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation compiles into $46,940 by year five. Five-year ROI reaches 155.58% and total cumulative return in cash sums $87,626. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,673/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1911
2,178 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
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Listed by: Andrew Spayde • Howard Hanna Real Estate Services
Mls Name: WRIST
Mls Provider:
Mls ID: #1037428
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.