860 Helke RdVandaliaOH45377
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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 Vandalia at 860 Helke Rd, Vandalia, OH, 45377 offers $4,046/mo rent that, after a $2,349/mo payment, leaves $889/mo cash flow. Total monthly income is $4,046/mo, and annual cash flow is $10,670/yr on $159,087 cash. Return on cash invested measures 26.62% in year one, and rental yield stands at 10.12% at a $479,900 entry. Equity gained on principal adds $3,097/yr while 5% annual appreciation compounds into $132,588 by year five. Five-year ROI records 139.34% and total cumulative return in cash reaches $221,673. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,046/mo property income versus a $2,349/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45377, Vandalia, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,884 (100%) |
| Owner Occupied HU | 4,279 (62.2%) |
| Renter Occupied HU | 2,275 (33.0%) |
| Vacant Housing Units | 330 ( 4.8%) |
| Median Home Value | $225,533 |
| Average Home Value | $250,948 |
Housing Distribution
Address Breakdown
Residential
6,737
Single Family
5,938
Multi-Family
799
Businesses
686
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