1332 Scranton Rd, Norwalk, OH, 44857 | $203/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1332 Scranton Rd, Norwalk, OH, 44857 | $203/mo Cash Flow | Ziffy

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 Norwalk at 1332 Scranton Rd, Norwalk, OH, 44857 earns $203/mo cash flow from $1,355/mo rent with a $857/mo payment. Total monthly income totals $1,355/mo, and annual cash flow totals $2,441/yr on $58,013 capital. ROI tracks 24.12% on current figures, and rental yield reads 9.29% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 125.96% and total cumulative return in cash sums $73,075. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,355/mo property income instead of your personal income.

Single Family

Built in 1892

0.37 Acres lot

$N/A/sqft

No HOA

More details about the property

This Adorable Rural Home Offers The Perfect Blend Of Charm, Comfort, And Convenience, Located Just Minutes From A Major Highway For An Easy Commute. Inside, You'll Find Many Updates Throughout Including 200 Amp Electric, Main Floor Laundry And Bathroom, Some New Carpet, Including A Unique Pass-through From The Kitchen To The Formal Dining Room Ideal For Hosting. The Formal Living Room (with Closet) Provides Additional Flexibility And Could Serve As A Main Floor Bedroom If Desired. Enjoy Your Morning Coffee On The Peaceful Back Deck Overlooking The Fenced-in Back Yard, And Large Side Yard. Unwind In The Evening While Watching The World Go By From The Inviting, Covered Front Porch. Nice Cozy, Clean Heat With Oil-filled, Sealed (low Maintenance) Space Heating Units In Each Room That Are Not Hot To The Touch (similar To A Hot Water Heat Feel). Lots Of Parking On The Concrete Driveway For When Guests Come To Visit! A Perfect Place To Call Home With The Serenity Of Country Living And The Benefit Of Accessibility.

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