209 Woodland AveWillardOH44890
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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 Willard at 209 Woodland Ave, Willard, OH, 44890 priced at $139,500 converts $1,219/mo rent into $301/mo cash flow after a $683/mo obligation. Total monthly income equals $1,219/mo, and annual cash flow totals $3,614/yr on $46,244 invested. Return on cash invested prints 27.72% in year one, and rental yield reads 10.49% against a $139,500 entry. Equity gained on principal adds $900/yr, while 5% annual appreciation compiles into $38,541 by year five. Five-year ROI reaches 145.39% and total cumulative return in cash sums $67,233. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,219/mo property income covering a $683/mo payment, not borrower’s personal income.
Single Family
Built in 1870
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44890, Willard, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,786 (100%) |
| Owner Occupied HU | 2,870 (60.0%) |
| Renter Occupied HU | 1,361 (28.4%) |
| Vacant Housing Units | 555 (11.6%) |
| Median Home Value | $152,990 |
| Average Home Value | $167,873 |
Housing Distribution
Address Breakdown
Residential
4,379
Single Family
4,229
Multi-Family
150
Businesses
250
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