203 MeadowoodWalbridgeOH43465
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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 Walbridge at 203 Meadowood, Walbridge, OH, 43465 priced at $188,900 converts $960/mo rent into after a $925/mo obligation. Total monthly income equals $960/mo. Return on cash invested prints 7.03% in year one, and rental yield reads 6.1% against a $188,900 entry. Equity gained on principal adds $1,219/yr, while 5% annual appreciation compiles into $52,190 by year five. Five-year ROI reaches 37.09% and total cumulative return in cash sums $23,223. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $960/mo property income covering a $925/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$389 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43465, Walbridge, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,738 (100%) |
| Owner Occupied HU | 1,877 (68.6%) |
| Renter Occupied HU | 655 (23.9%) |
| Vacant Housing Units | 206 ( 7.5%) |
| Median Home Value | $156,226 |
| Average Home Value | $155,121 |
Housing Distribution
Address Breakdown
Residential
2,738
Single Family
2,368
Multi-Family
370
Businesses
118
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