697 St Rt 97 EBellvilleOH44813
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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 Bellville at 697 St Rt 97 E, Bellville, OH, 44813 generates $0/mo in rent, after a $3,891/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -3.93% in year one, and rental yield is 0% on a $795,000 entry. Equity gained on principal adds $5,130/yr, while 5% annual appreciation builds toward $219,644 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
34.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44813, Bellville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,333 (100%) |
| Owner Occupied HU | 2,606 (78.2%) |
| Renter Occupied HU | 597 (17.9%) |
| Vacant Housing Units | 130 ( 3.9%) |
| Median Home Value | $236,607 |
| Average Home Value | $266,361 |
Housing Distribution
Address Breakdown
Residential
3,165
Single Family
3,121
Multi-Family
44
Businesses
159
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Glen Whitten • Ohio Property Group, LLC
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225012241
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. Information is deemed reliable but not guaranteed.