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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Norwalk at 2 Deer Track Trl UNIT B, Norwalk, OH, 44857 offers $1,080/mo rent that, after a $978/mo payment. Total monthly income is $1,080/mo. Return on cash invested measures 12.08% in year one, and rental yield stands at 6.48% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 62.67% and total cumulative return in cash reaches $41,533. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,080/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2000
N/A lot
$N/A/sqft
$198 monthly HOA
Neighborhood data shown for ZIP Code: 44857, Norwalk, OH area.
| 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 |
Residential
10,054
Single Family
9,518
Multi-Family
536
Businesses
795
Date | Event | Price |
|---|---|---|
| 2023-01-25 | Listing removed | $185,000 |
| 2022-12-09 | Listed for sale | $185,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Norma Schaechterle CRS • Howard Hanna - Norwalk
Mls Name: Firelands MLS
Mls ID: #20252741
Disclaimer: Listing information is deemed reliable, but not guaranteed.
