118 Oklahoma DrLake WaynokaOH45171
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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 Lake Waynoka at 118 Oklahoma Dr, Lake Waynoka, OH, 45171 priced at $335,000 pairs $3,005/mo rent with $701/mo cash flow after a $1,640/mo payment. Total monthly income equals $3,005/mo, and annual cash flow comes to $8,413/yr on $111,053 invested. Return on cash invested is 27.48% in year one, and rental yield stands at 10.76% on a $335,000 basis. Equity gained on principal adds $2,162/yr, and 5% annual appreciation accumulates to $92,554 by year five. Five-year ROI measures 144.4% and total cumulative return in cash reaches $160,364. For financing, Ziffy Mortgage’s DSCR program evaluates $3,005/mo property income against a $1,640/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
1 Acres lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45171, Sardinia, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,035 (100%) |
| Owner Occupied HU | 2,074 (68.3%) |
| Renter Occupied HU | 471 (15.5%) |
| Vacant Housing Units | 490 (16.1%) |
| Median Home Value | $193,389 |
| Average Home Value | $235,784 |
Housing Distribution
Address Breakdown
Residential
2,685
Single Family
2,685
Multi-Family
0
Businesses
82
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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