218 Park StWillardOH44890
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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
Investment property for sale in Willard at 218 Park St, Willard, OH, 44890 uses $48,068 cash to close to unlock $4,247/yr annual cash flow and $354/mo monthly cash flow. Total monthly income runs $1,308/mo, and a $710/mo payment keeps the spread at $354/mo. Purchase price stands at $145,000, and rental yield measures 10.82% with $1,308/mo rent. Return on cash invested shows 28.74% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 150.73% and total cumulative return in cash records $72,452. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,308/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in 1885
5,000 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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