132 Walleye Ct, Lagrange, OH, 44050 | $136/mo Cash Flow

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

Rental property for sale in Lagrange at 132 Walleye Ct, Lagrange, OH, 44050 generates $1,633/mo in rent and, after a $979/mo payment, leaves $136/mo in cash flow. Total monthly income is $1,633/mo, and annual cash flow is $1,634/yr on $66,300 invested. Return on cash invested sits at 22.37% in year one, and rental yield is 9.8% on a $199,999 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 117.82% and total cumulative return in cash sums $78,116. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,633/mo property income rather than buyer’s personal income.

Single Family

Built in 1978

5,227 sqft lot

$N/A/sqft

$157 monthly HOA

More details about the property

THE WORK IS DONE!!! This beautiful 3BR 2 Bath Ranch is ready for market! Brand New: Steel Rib Roof Seamless Gutters All new DRYWALL WALLS AND CEILING All New Color Match Siding and Trim All new Thermo Payne Windows All new Thermo Payne Sliding Glass Door All new Entry doors with Keyless entry All new interior doors all new Electric lights, receptacles and switches All new High EFFICIENCY Furnace and central air all new Duct Work All new Plumbing All new Shower & Tubs with MOEN Faucets All new Johler Toilets All new Garage Door with Opener and Keyless entry All new full life vinyl plank flooring all New carpeted Bedrooms all. new shaker Kitchen cabinets with brand new granite countertops(to be installed June 9th) All new 320 sq foot deck All new concrete sidewalks All new concrete driveway All of this awaits you in this quiet community nestled in nature at the end of a very quiet culdesac. Please call to book your showing today! Willing to show to buyer with realtor however buyer will pay any fees associated with realtor. (WE ARE NOT INTERESTED IN LISTING) CALL FOR A SHOWING WITH PRE-APPROVAL OR PROOF OF FUNDS!

Neighborhood Data

Neighborhood data shown for ZIP Code: 44050, Lagrange, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,888 (100%)
Owner Occupied HU	2,363 (81.8%)
Renter Occupied HU	393 (13.6%)
Vacant Housing Units	132 ( 4.6%)
Median Home Value	$302,010
Average Home Value	$317,682