10 Hawthorne Dr, Norwalk, OH, 44857 | 7.85% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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10 Hawthorne Dr, Norwalk, OH, 44857 | 7.85% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Norwalk at 10 Hawthorne Dr, Norwalk, OH, 44857 priced at $399,900 pairs $2,616/mo rent with after a $1,957/mo payment. Total monthly income equals $2,616/mo. Return on cash invested is 19.78% in year one, and rental yield stands at 7.85% on a $399,900 basis. Equity gained on principal adds $2,580/yr, and 5% annual appreciation accumulates to $110,485 by year five. Five-year ROI measures 102.66% and total cumulative return in cash reaches $136,088. For financing, Ziffy Mortgage’s DSCR program evaluates $2,616/mo property income against a $1,957/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1965

0.29 Acres lot

$N/A/sqft

No HOA

More details about the property

Outstanding 5-6 Bedroom & 3 1/2 Bath Colonial In One Of Norwalk's Most Desirable Neighborhood's Has It All! Outside Features A 12x20 Outside Covered Patio, 12x16 Sunroom, And 16x12 Shed All Within The Fenced In Backyard. Main Floor Highlights Include An Over Sized Fully Equipped Eat In Kitchen With Granite Countertops And Tons Of Cabinetry. Living Room With Gas Fireplace, Formal Dining Room, Huge Office And Versatile 22x11 Front Room That Could Be Used For Bedroom, Den Or Library. Upstairs Features Nice Master With Walk In Closet & Master Bathroom And Additional 3 Big Bedrooms With Another Full Bath And 2nd Washer/dryer Hook-up. Lower Level Has An Awesome 27x13 Family Room With Bar, Big Bedroom And A Generous Size Laundry/utility Room. This Is A Smart Home With All Rooms Having Climate Control And Security Features Throughout. Walk Up Attic, 2 Car Attached Heated Garage Close To Jr. High & High Schools. Newer Central Air & Gutter Guards With Leaf Filters.

Neighborhood Data

Neighborhood data shown for ZIP Code: 44857, Norwalk, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,627 (100%)
Owner Occupied HU	6,526 (61.4%)
Renter Occupied HU	3,354 (31.6%)
Vacant Housing Units	747 ( 7.0%)
Median Home Value	$184,568
Average Home Value	$225,391