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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Nova at 261 State Route 511, Nova, OH, 44859 earns $173/mo cash flow from $1,028/mo rent with a $636/mo payment. Total monthly income totals $1,028/mo, and annual cash flow totals $2,078/yr on $43,095 capital. ROI tracks 24.73% on current figures, and rental yield reads 9.49% at a $130,000 purchase. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 over five years. Five-year ROI reaches 129.32% and total cumulative return in cash sums $55,731. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,028/mo property income instead of your personal income.
Single Family
Built in 1901
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44859, Nova, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 787 (100%) |
| Owner Occupied HU | 658 (83.6%) |
| Renter Occupied HU | 77 ( 9.8%) |
| Vacant Housing Units | 52 ( 6.6%) |
| Median Home Value | $211,927 |
| Average Home Value | $336,429 |
Residential
683
Single Family
683
Multi-Family
0
Businesses
18
Date | Event | Price |
|---|---|---|
| 2025-09-14 | Listing removed | $145,000 |
| 2025-09-13 | Listed for sale | $145,000 |
| 2025-08-14 | Listing removed | $145,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-11 | $821.98 | -0.56% | $23,890 | N/A |
| 2023-10-11 | $826.60 | 29.82% | $23,890 | 44.96% |
| 2022-10-11 | $636.74 | 5.99% | $16,480 | N/A |
Listed by: Annette Lee Wilcox • Century 21 Wilcox & Associates, LLC.
Mls Name: MLS Now
Mls Provider:
Mls ID: #4488433
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2025 - Multiple Listing Service, Inc. All Rights Reserved.
