1867 Caleb CtWatervilleOH43566
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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 Waterville at 1867 Caleb Ct, Waterville, OH, 43566 priced at $389,900 pairs $2,900/mo rent with $302/mo cash flow after a $1,908/mo payment. Total monthly income equals $2,900/mo, and annual cash flow comes to $3,628/yr on $129,252 invested. Return on cash invested is 22.72% in year one, and rental yield stands at 8.93% on a $389,900 basis. Equity gained on principal adds $2,516/yr, and 5% annual appreciation accumulates to $107,722 by year five. Five-year ROI measures 118.53% and total cumulative return in cash reaches $153,205. For financing, Ziffy Mortgage’s DSCR program evaluates $2,900/mo property income against a $1,908/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
10,441 sqft lot
$N/A/sqft
$400 annually 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: Julie A. Fisher • Serenity Realty LLC
Mls Name: NORIS
Mls ID: #6121510
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. 2024 NORIS. All rights reserved.