13 Spring StNorwalkOH44857
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 13 Spring St, Norwalk, OH, 44857 at $168,500 posts ROI 32.81% with $600/mo cash flow from $1,709/mo rent. Total monthly income equals $1,709/mo, and annual cash flow records $7,204/yr on $55,858 to close. Return on cash invested measures 32.81% and rental yield reads 12.17% at the current $168,500. Equity gained on principal adds $1,087/yr, and 5% annual appreciation supports $46,553 by year five. Five-year ROI prints 172.59% and total cumulative return in cash totals $96,402.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,709/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1953
0.25 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
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Nearby investment properties with comparable prices
Listed by: Frank Van Dresser • RE/MAX Quality Realty
Mls Name: MLS Now
Mls Provider:
Mls ID: #5159921
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