92 Richard AveSouth BloomfieldOH43103
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 South Bloomfield at 92 Richard Ave, South Bloomfield, OH, 43103 offers $2,448/mo rent that, after a $1,434/mo payment, leaves $521/mo cash flow. Total monthly income is $2,448/mo, and annual cash flow is $6,251/yr on $97,096 cash. Return on cash invested measures 26.35% in year one, and rental yield stands at 10.03% at a $292,900 entry. Equity gained on principal adds $1,890/yr while 5% annual appreciation compounds into $80,923 by year five. Five-year ROI records 137.87% and total cumulative return in cash reaches $133,863. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,448/mo property income versus a $1,434/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43103, Ashville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,693 (100%) |
| Owner Occupied HU | 3,974 (69.8%) |
| Renter Occupied HU | 1,332 (23.4%) |
| Vacant Housing Units | 387 ( 6.8%) |
| Median Home Value | $254,511 |
| Average Home Value | $287,111 |
Housing Distribution
Address Breakdown
Residential
5,457
Single Family
4,792
Multi-Family
665
Businesses
203
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christina M Wallace • Rise Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225033218