17 Karis StWatervilleOH43566
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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
Rental property for sale in Waterville at 17 Karis St, Waterville, OH, 43566 offers $2,147/mo rent that, after a $1,248/mo payment, leaves $470/mo cash flow. Total monthly income is $2,147/mo, and annual cash flow is $5,637/yr on $84,533 cash. Return on cash invested measures 26.58% in year one, and rental yield stands at 10.1% at a $255,000 entry. Equity gained on principal adds $1,645/yr while 5% annual appreciation compounds into $70,452 by year five. Five-year ROI records 139.11% and total cumulative return in cash reaches $117,596. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,147/mo property income versus a $1,248/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
9,099 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43566, Waterville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,828 (100%) |
| Owner Occupied HU | 2,759 (72.1%) |
| Renter Occupied HU | 753 (19.7%) |
| Vacant Housing Units | 316 ( 8.3%) |
| Median Home Value | $300,678 |
| Average Home Value | $308,016 |
Housing Distribution
Address Breakdown
Residential
3,710
Single Family
3,419
Multi-Family
291
Businesses
245
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Listed by: Heather Williams-Jutte • The Danberry Co.
Mls Name: NORIS
Mls ID: #6135680