815 Ridgeview DrBellefontaineOH43311
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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 Bellefontaine at 815 Ridgeview Dr, Bellefontaine, OH, 43311 with 5% annual appreciation on a $289,900 basis while $2,237/mo rent supports operations. Total monthly income totals $2,237/mo and a $1,419/mo payment preserves $330/mo for cash returns. Annual cash flow comes to $3,960/yr on $96,102 deployed, and return on cash invested reaches 24.03% in year one. Equity gained on principal adds $1,871/yr, and five-year appreciation sums $80,094 alongside rental yield of 9.26%. Five-year ROI measures 125.43% and total cumulative return in cash totals $120,537.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,237/mo property income versus a $1,419/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1971
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43311, Bellefontaine, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,883 (100%) |
| Owner Occupied HU | 5,419 (61.0%) |
| Renter Occupied HU | 2,888 (32.5%) |
| Vacant Housing Units | 576 ( 6.5%) |
| Median Home Value | $195,229 |
| Average Home Value | $226,253 |
Housing Distribution
Address Breakdown
Residential
8,514
Single Family
8,096
Multi-Family
418
Businesses
739
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Listed by: Jeremy G. Hankins • Bell Hankins Realty Group, LLC
Mls Name: WRIST
Mls Provider:
Mls ID: #1037349
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.