167 Whittlesey AveNorwalkOH44857
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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 Norwalk at 167 Whittlesey Ave, Norwalk, OH, 44857 priced at $825,000 pairs $888/mo rent with after a $4,038/mo payment. Total monthly income equals $888/mo. Return on cash invested is -0.01% in year one, and rental yield stands at 1.29% on a $825,000 basis. Equity gained on principal adds $5,324/yr, and 5% annual appreciation accumulates to $227,932 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $888/mo property income against a $4,038/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in N/A
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44857, Norwalk, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,054
Single Family
9,518
Multi-Family
536
Businesses
795
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