1649 N Perry St, Ottawa, OH, 45875 | $377/mo Cash Flow

Off market

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Ottawa at 1649 N Perry St, Ottawa, OH, 45875 generates $1,584/mo in rent and, after a $898/mo payment, leaves $377/mo in cash flow. Total monthly income is $1,584/mo, and annual cash flow is $4,527/yr on $60,797 invested. Return on cash invested sits at 27.36% in year one, and rental yield is 10.36% on a $183,400 entry. Equity gained on principal adds $1,183/yr, while 5% annual appreciation builds toward $50,670 over five years. Five-year ROI reaches 143.34% and total cumulative return in cash sums $87,148. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,584/mo property income rather than buyer’s personal income.

Single Family

Built in 1952

0.48 Acres lot

$N/A/sqft

No HOA

More details about the property

Very well-maintained ranch with finished basement. Additional full bathroom located in basement just off the stairs. Kitchen has been beautifully updated with ample counter and cupboard space as well as a stone backsplash. All kitchen appliances, as well as washer and dryer, are included. Nicely finished hardwood floors in the kitchen and dining rooms. Main floor bathroom has new flooring and brand new tub/shower. Garage is extra deep, leaving space for a workbench or storage. Large enclosed porch/sunroom off of dining room is wonderful extra space! And the cement patio provides great space to enjoy the outdoors! Don't miss this one!!

Neighborhood Data

Neighborhood data shown for ZIP Code: 45875, Ottawa, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,677 (100%)
Owner Occupied HU	3,633 (77.7%)
Renter Occupied HU	766 (16.4%)
Vacant Housing Units	278 ( 5.9%)
Median Home Value	$244,539
Average Home Value	$279,359