195 Eastland DrOttawaOH45875
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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 Ottawa at 195 Eastland Dr, Ottawa, OH, 45875 priced at $188,000 converts $1,019/mo rent into after a $920/mo obligation. Total monthly income equals $1,019/mo. Return on cash invested prints 15.72% in year one, and rental yield reads 6.5% against a $188,000 entry. Equity gained on principal adds $1,213/yr, while 5% annual appreciation compiles into $51,941 by year five. Five-year ROI reaches 80.94% and total cumulative return in cash sums $50,444. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,019/mo property income covering a $920/mo payment, not borrower’s personal income.
Single Family
Built in 1957
0.34 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
4,381
Single Family
4,270
Multi-Family
111
Businesses
399
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