201 Spruce StHavilandOH45851
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 201 Spruce St, Haviland, OH, 45851 in Haviland speaks for itself: 13.1% gross on a $120,000 price, generating $1,310/mo in rent and $521/mo in net income after the $540/mo debt service. DSCR 2.43, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,253 stacks alongside $33,154 in projected five-year appreciation and $1,105/yr in principal reduction. Projected total cumulative return: $79,173.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 13.1% | 6.2% |
| Monthly Cash Flow | $521 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,310 |
| Total Monthly Debt Service | $742 |
| DSCR Ratio | 1.77x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45851, Haviland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 228 (100%) |
| Owner Occupied HU | 160 (70.2%) |
| Renter Occupied HU | 32 (14.0%) |
| Vacant Housing Units | 36 (15.8%) |
| Median Home Value | $165,541 |
| Average Home Value | $172,516 |
Housing Distribution
Address Breakdown
Residential
162
Single Family
162
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
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
Single Family
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45851, Haviland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 228 (100%) |
| Owner Occupied HU | 160 (70.2%) |
| Renter Occupied HU | 32 (14.0%) |
| Vacant Housing Units | 36 (15.8%) |
| Median Home Value | $165,541 |
| Average Home Value | $172,516 |
Housing Distribution
Address Breakdown
Residential
162
Single Family
162
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices