162 E St SW #162NavarreOH44662
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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
Investment property for sale in Navarre at 162 E St SW #162, Navarre, OH, 44662 listed at $119,000 pairs $1,110/mo rent with a $582/mo payment to leave $328/mo cash flow. Total monthly income runs $1,110/mo, and annual cash flow reaches $3,932/yr on $39,449 cash to close. Return on cash invested measures 29.88% in year one, and rental yield registers 11.19% at a $119,000 basis. Equity gained on principal adds $768/yr, and annual property appreciation at 5% supports $32,878 by year five. Five-year ROI tracks 156.86% and total cumulative return in cash totals $61,877. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,110/mo property income relative to a $582/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2020
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44662, Navarre, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,177 (100%) |
| Owner Occupied HU | 3,115 (74.6%) |
| Renter Occupied HU | 828 (19.8%) |
| Vacant Housing Units | 234 ( 5.6%) |
| Median Home Value | $233,647 |
| Average Home Value | $274,310 |
Housing Distribution
Address Breakdown
Residential
4,028
Single Family
3,943
Multi-Family
85
Businesses
192
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