








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Grafton at 12 Waterfall Dr, Grafton, OH, 44044 offers $2,296/mo rent that, after a $1,150/mo payment, leaves $557/mo cash flow. Total monthly income is $2,296/mo, and annual cash flow is $6,686/yr on $77,903 cash. Return on cash invested measures 28.49% in year one, and rental yield stands at 11.72% at a $235,000 entry. Equity gained on principal adds $1,516/yr while 5% annual appreciation compounds into $64,926 by year five. Five-year ROI records 150.52% and total cumulative return in cash reaches $117,256. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,296/mo property income versus a $1,150/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44044, Grafton, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,952 (100%) |
| Owner Occupied HU | 4,208 (85.0%) |
| Renter Occupied HU | 555 (11.2%) |
| Vacant Housing Units | 189 ( 3.8%) |
| Median Home Value | $299,470 |
| Average Home Value | $316,501 |
Residential
5,002
Single Family
4,995
Multi-Family
7
Businesses
255
Date | Event | Price |
|---|---|---|
| 2025-10-02 | Sold | $235,000 |
| 2025-09-02 | Pending sale | $219,000 |
| 2025-08-29 | Listed for sale | $219,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $5892.38 | 28.67% | $74,990 | 36.92% |
| 2023-10-26 | $4579.38 | -0.27% | $54,770 | N/A |
| 2022-10-26 | $4591.96 | -0.22% | $54,770 | N/A |



Listed by: Mary Ann Campbell • Howard Hanna
Mls Name: MLS Now
Mls ID: #5152335