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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Norwalk at 16 White Tail Way #B, Norwalk, OH, 44857 priced at $219,900 pairs $1,885/mo rent with $231/mo cash flow after a $1,076/mo payment. Total monthly income equals $1,885/mo, and annual cash flow comes to $2,770/yr on $72,897 invested. Return on cash invested is 23.71% in year one, and rental yield stands at 10.29% on a $219,900 basis. Equity gained on principal adds $1,419/yr, and 5% annual appreciation accumulates to $60,754 by year five. Five-year ROI measures 124.97% and total cumulative return in cash reaches $91,096. For financing, Ziffy Mortgage’s DSCR program evaluates $1,885/mo property income against a $1,076/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2003
N/A lot
$N/A/sqft
$208 monthly HOA
Neighborhood data shown for ZIP Code: 44857, Norwalk, OH area.
| 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 |
Residential
10,054
Single Family
9,518
Multi-Family
536
Businesses
795
Date | Event | Price |
|---|---|---|
| 2025-07-25 | Listed for sale | $219,900 |
| 2022-02-11 | Sold | $172,000 |
| 2022-01-13 | Pending sale | $179,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-07-26 | $2004.76 | -0.56% | $50,020 | N/A |
| 2022-07-26 | $2015.96 | -0.05% | $50,020 | N/A |
| 2021-07-26 | $2017.06 | 9.01% | $50,020 | 14.59% |
Listed by: Daniel R. Freitag • Century 21 Bolte Real Estate
Mls Name: Firelands MLS
Mls ID: #20252808
Disclaimer: Listing information is deemed reliable, but not guaranteed.
