816 E Center StBlanchesterOH45107
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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 Blanchester at 816 E Center St, Blanchester, OH, 45107 priced at $170,000 converts $0/mo rent into after a $832/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -3.9% in year one, and rental yield reads 0% against a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation compiles into $46,968 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45107, Blanchester, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,097 (100%) |
| Owner Occupied HU | 2,918 (71.2%) |
| Renter Occupied HU | 821 (20.0%) |
| Vacant Housing Units | 358 ( 8.7%) |
| Median Home Value | $226,667 |
| Average Home Value | $284,336 |
Housing Distribution
Address Breakdown
Residential
3,935
Single Family
3,764
Multi-Family
171
Businesses
193
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Brian Prickett • Coldwell Banker Heritage
Mls Name: Cincy MLS
Mls ID: #1865835