11 Orchard DrWatervilleOH43566
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 Waterville at 11 Orchard Dr, Waterville, OH, 43566 priced at $215,000 pairs $1,767/mo rent with $353/mo cash flow after a $1,052/mo payment. Total monthly income equals $1,767/mo, and annual cash flow comes to $4,237/yr on $71,273 invested. Return on cash invested is 25.85% in year one, and rental yield stands at 9.86% on a $215,000 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,401 by year five. Five-year ROI measures 135.3% and total cumulative return in cash reaches $96,433. For financing, Ziffy Mortgage’s DSCR program evaluates $1,767/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43566, Waterville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,828 (100%) |
| Owner Occupied HU | 2,759 (72.1%) |
| Renter Occupied HU | 753 (19.7%) |
| Vacant Housing Units | 316 ( 8.3%) |
| Median Home Value | $300,678 |
| Average Home Value | $308,016 |
Housing Distribution
Address Breakdown
Residential
3,710
Single Family
3,419
Multi-Family
291
Businesses
245
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Listed by: Autumn Lauch • Oak Valley. Ltd.
Mls Name: NORIS
Mls ID: #6134513