203 County Road 1302, Polk, OH, 44866 | 7.1% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Polk at 203 County Road 1302, Polk, OH, 44866 generates $1,360/mo in rent, after a $1,126/mo payment. Total monthly income is $1,360/mo. Return on cash invested sits at 17.5% in year one, and rental yield is 7.1% on a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 90.44% and total cumulative return in cash sums $68,959. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,360/mo property income rather than buyer’s personal income.

Single Family

Built in 1950

0.38 Acres lot

$N/A/sqft

No HOA

More details about the property

Step into this beautifully maintained 1950s home that perfectly blends classic charm with thoughtful updates. The inviting kitchen is a standout, featuring rich, to-the-ceiling cabinetry, plenty of counter space, and a bright window overlooking the peaceful countryside. All bedrooms are conveniently located on the main floor, with a spacious bonus area upstairs offering flexible use. Outside, enjoy a detached garage, storage shed, and a picturesque setting surrounded by open farmland - the perfect mix of comfort and country living.

Neighborhood Data

Neighborhood data shown for ZIP Code: 44866, Polk, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	775 (100%)
Owner Occupied HU	639 (82.5%)
Renter Occupied HU	85 (11.0%)
Vacant Housing Units	51 ( 6.6%)
Median Home Value	$210,437
Average Home Value	$296,459