12 Minard PlNorwalkOH44857
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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
Investment property for sale in Norwalk at 12 Minard Pl, Norwalk, OH, 44857 at $115,000 posts ROI 23.86% with $125/mo cash flow from $882/mo rent. Total monthly income equals $882/mo, and annual cash flow records $1,505/yr on $38,123 to close. Return on cash invested measures 23.86% and rental yield reads 9.2% at the current $115,000. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 by year five. Five-year ROI prints 124.61% and total cumulative return in cash totals $47,505.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $882/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
3,040 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
10,054
Single Family
9,518
Multi-Family
536
Businesses
795
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