16235 Normandy Rd WPerrysburgOH43551
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Perrysburg at 16235 Normandy Rd W, Perrysburg, OH, 43551 uses $160,778 cash to close to unlock $10,975/yr annual cash flow and $915/mo monthly cash flow. Total monthly income runs $4,105/mo, and a $2,374/mo payment keeps the spread at $915/mo. Purchase price stands at $485,000, and rental yield measures 10.16% with $4,105/mo rent. Return on cash invested shows 26.74% in year one, and 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 139.96% and total cumulative return in cash records $225,026. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,105/mo property income covering a $2,374/mo payment rather than investor’s personal income.
Single Family
Built in 1979
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43551, Perrysburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,771 (100%) |
| Owner Occupied HU | 12,634 (63.9%) |
| Renter Occupied HU | 6,082 (30.8%) |
| Vacant Housing Units | 1,055 ( 5.3%) |
| Median Home Value | $314,912 |
| Average Home Value | $333,543 |
Housing Distribution
Address Breakdown
Residential
19,425
Single Family
15,593
Multi-Family
3,832
Businesses
1,106
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Logan Geib • The Danberry Co
Mls Name: NORIS
Mls ID: #10001160