1512 N Walnut StDoverOH44622
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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
Investment Highlights
Rental property for sale in Dover at 1512 N Walnut St, Dover, OH, 44622 generates $270/mo in rent, after a $709/mo payment. Total monthly income is $270/mo. Return on cash invested sits at 2.85% in year one, and rental yield is 2.24% on a $144,900 entry. Equity gained on principal adds $935/yr, while 5% annual appreciation builds toward $40,033 over five years. Five-year ROI reaches 11.94% and total cumulative return in cash sums $5,737. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $270/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44622, Dover, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,285 (100%) |
| Owner Occupied HU | 5,472 (66.0%) |
| Renter Occupied HU | 2,243 (27.1%) |
| Vacant Housing Units | 570 ( 6.9%) |
| Median Home Value | $232,976 |
| Average Home Value | $281,470 |
Housing Distribution
Address Breakdown
Residential
7,946
Single Family
7,548
Multi-Family
398
Businesses
704
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