27 Whitefield Blvd, Norwalk, OH, 44857 | 6.5% Rental Yield

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27 Whitefield Blvd, Norwalk, OH, 44857 | 6.5% Rental Yield | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Norwalk at 27 Whitefield Blvd, Norwalk, OH, 44857 earns from $2,276/mo rent with a $2,056/mo payment. Total monthly income totals $2,276/mo. ROI tracks 15.71% on current figures, and rental yield reads 6.5% at a $420,000 purchase. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,038 over five years. Five-year ROI reaches 80.83% and total cumulative return in cash sums $112,543. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,276/mo property income instead of your personal income.

Single Family

Built in N/A

0.66 Acres lot

$N/A/sqft

No HOA

More details about the property

To Be Completed 2024 - Enjoy Your New Home In An Established Neighborhood! Featuring 3 Bedrooms, 2 Full Baths, A Master Suite And An Open Concept Floor Plan On An Oversized Lot. Everything You Have Been Looking For, The Way You Want It! Kitchen Will Have A Pantry And Quartz Countertops With Island Seating. Dovetail Soft-close Cabinet Drawers. Luxury Vinyl Plank Flooring Throughout, Rheem Gas Forced-air Furnace, Central Air Conditioning And A Full Basement. Basement Backfilled With Stone To Ground Level. All Located Within Quick Access To Rt 18, Rt 20 & Rt 61. Model Pictures Are Possible Finishes And Not An Exact Representation Of Floorplan, Materials And Finishes. Price Includes Seeded Lawn, Landscaping Credit, Concrete Driveway, And Drywall In Garage. Price Does Not Include Fireplace. Please Inquire For More Information.

Neighborhood Data

Neighborhood data shown for ZIP Code: 44857, Norwalk, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,627 (100%)
Owner Occupied HU	6,526 (61.4%)
Renter Occupied HU	3,354 (31.6%)
Vacant Housing Units	747 ( 7.0%)
Median Home Value	$184,568
Average Home Value	$225,391