1260 Township Road 608, Nova, OH, 44859 | 5.85% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Nova at 1260 Township Road 608, Nova, OH, 44859 earns from $1,122/mo rent with a $1,126/mo payment. Total monthly income totals $1,122/mo. ROI tracks 13.75% on current figures, and rental yield reads 5.85% at a $230,000 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 over five years. Five-year ROI reaches 70.35% and total cumulative return in cash sums $53,635. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,122/mo property income instead of your personal income.

Single Family

Built in 1997

3.21 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 44859, Nova, OH area.

Housing Distribution

Housing Statistics

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