158 E Walnut StRockfordOH45882
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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 Rockford at 158 E Walnut St, Rockford, OH, 45882 priced at $180,000 pairs $1,846/mo rent with $662/mo cash flow after a $881/mo payment. Total monthly income equals $1,846/mo, and annual cash flow comes to $7,944/yr on $59,670 invested. Return on cash invested is 33.22% in year one, and rental yield stands at 12.31% on a $180,000 basis. Equity gained on principal adds $1,162/yr, and 5% annual appreciation accumulates to $49,731 by year five. Five-year ROI measures 174.73% and total cumulative return in cash reaches $104,261. For financing, Ziffy Mortgage’s DSCR program evaluates $1,846/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45882, Rockford, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,192 (100%) |
| Owner Occupied HU | 939 (78.8%) |
| Renter Occupied HU | 183 (15.4%) |
| Vacant Housing Units | 70 ( 5.9%) |
| Median Home Value | $170,711 |
| Average Home Value | $203,206 |
Housing Distribution
Address Breakdown
Residential
1,111
Single Family
1,090
Multi-Family
21
Businesses
68
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Listed by: Harley Belton • Gray Realty, LLC
Mls Name: WRIST
Mls Provider:
Mls ID: #1039856
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