850 Nipgen RdBainbridgeOH45612
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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 Bainbridge at 850 Nipgen Rd, Bainbridge, OH, 45612 offers a 0% rental yield on a $385,000 purchase with $0/mo rent. 9% in year one. Equity gained on principal adds $2,484/yr while 5% annual appreciation supports $106,368 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,884/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
13.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45612, Bainbridge, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,211 (100%) |
| Owner Occupied HU | 1,492 (67.5%) |
| Renter Occupied HU | 459 (20.8%) |
| Vacant Housing Units | 260 (11.8%) |
| Median Home Value | $203,518 |
| Average Home Value | $223,856 |
Housing Distribution
Address Breakdown
Residential
1,858
Single Family
1,819
Multi-Family
39
Businesses
83
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Listed by: Julie Wettersten • ERA Martin & Associates (C)
Mls Name: Scioto Valley AOR
Mls ID: #198498