120 Woodlawn AveNorwalkOH44857
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
Investment property for sale in Norwalk at 120 Woodlawn Ave, Norwalk, OH, 44857 earns $536/mo cash flow from $2,016/mo rent with a $1,101/mo payment. Total monthly income totals $2,016/mo, and annual cash flow totals $6,435/yr on $74,588 capital. ROI tracks 28.54% on current figures, and rental yield reads 10.75% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 149.67% and total cumulative return in cash sums $111,633. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,016/mo property income instead of your personal income.
Single Family
Built in 1884
0.30 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices