221 Spring 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 221 Spring St, Willard, OH, 44890 with 5% annual appreciation on a $119,900 basis while $1,192/mo rent supports operations. Total monthly income totals $1,192/mo and a $587/mo payment preserves $403/mo for cash returns. Annual cash flow comes to $4,838/yr on $39,747 deployed, and return on cash invested reaches 32.08% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,126 alongside rental yield of 11.93%. Five-year ROI measures 168.77% and total cumulative return in cash totals $67,080.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,192/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
5,113 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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