27720 Norris RdTippecanoeOH44699
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 27720 Norris Rd, Tippecanoe, OH, 44699 in Tippecanoe the bet is firmly on appreciation. Rental yield 0%. The 0% gross yield on a $425,000 price is below income-first thresholds, but 5%/yr value growth projects $117,420 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.00) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
Single Family
Built in 1971
5.85 Acres lot
$N/A/sqft
$700 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44699, Tippecanoe, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 604 (100%) |
| Owner Occupied HU | 365 (60.4%) |
| Renter Occupied HU | 75 (12.4%) |
| Vacant Housing Units | 164 (27.2%) |
| Median Home Value | $181,250 |
| Average Home Value | $230,514 |
Housing Distribution
Address Breakdown
Residential
500
Single Family
500
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
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
Single Family
Built in 1971
5.85 Acres lot
$N/A/sqft
$700 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44699, Tippecanoe, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 604 (100%) |
| Owner Occupied HU | 365 (60.4%) |
| Renter Occupied HU | 75 (12.4%) |
| Vacant Housing Units | 164 (27.2%) |
| Median Home Value | $181,250 |
| Average Home Value | $230,514 |
Housing Distribution
Address Breakdown
Residential
500
Single Family
500
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Lisa Adams • Howard Hanna Real Estate Services
Mls Name: MLS Now
Mls Provider:
Mls ID: #5185024
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