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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Nova at 1194 Us Route 224, Nova, OH, 44859 uses $61,328 cash to close to unlock $2,947/yr annual cash flow and $246/mo monthly cash flow. Total monthly income runs $1,462/mo, and a $905/mo payment keeps the spread at $246/mo. Purchase price stands at $185,000, and rental yield measures 9.48% with $1,462/mo rent. Return on cash invested shows 24.71% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 129.15% and total cumulative return in cash records $79,203. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,462/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1989
2.05 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44859, Nova, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 787 (100%) |
| Owner Occupied HU | 658 (83.6%) |
| Renter Occupied HU | 77 ( 9.8%) |
| Vacant Housing Units | 52 ( 6.6%) |
| Median Home Value | $211,927 |
| Average Home Value | $336,429 |
Residential
683
Single Family
683
Multi-Family
0
Businesses
18
Date | Event | Price |
|---|---|---|
| 2025-03-10 | Listed for sale | $185,000 |
| 2017-08-24 | Listing removed | $100,000 |
| 2017-03-06 | Listed for sale | $100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-12 | $1375.50 | 21.50% | $40,660 | 34.99% |
| 2022-03-12 | $1132.08 | 2.85% | $30,120 | N/A |
| 2021-03-12 | $1100.72 | 5.00% | $30,120 | N/A |
Listed by: David M King • King Realty
Mls Name: MLS Now
Mls Provider:
Mls ID: #5105186
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2025 - Multiple Listing Service, Inc. All Rights Reserved.
