17993 Heitt RdWaynesfieldOH45896
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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 Waynesfield at 17993 Heitt Rd, Waynesfield, OH, 45896 generates $2,400/mo in rent and, after a $1,639/mo payment, leaves $197/mo in cash flow. Total monthly income is $2,400/mo, and annual cash flow is $2,367/yr on $111,019 invested. Return on cash invested sits at 22.04% in year one, and rental yield is 8.6% on a $334,900 entry. Equity gained on principal adds $2,161/yr, while 5% annual appreciation builds toward $92,527 over five years. Five-year ROI reaches 114.81% and total cumulative return in cash sums $127,465. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45896, Waynesfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 846 (100%) |
| Owner Occupied HU | 654 (77.3%) |
| Renter Occupied HU | 127 (15.0%) |
| Vacant Housing Units | 65 ( 7.7%) |
| Median Home Value | $197,778 |
| Average Home Value | $223,933 |
Housing Distribution
Address Breakdown
Residential
636
Single Family
636
Multi-Family
0
Businesses
29
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Listed by: Ryan Place • Merritt Real Estate Professionals
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306864
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.