302 Arlington AveWaverlyOH45690
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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
Rental property for sale in Waverly at 302 Arlington Ave, Waverly, OH, 45690 offers $1,564/mo rent that, after a $969/mo payment, leaves $262/mo cash flow. Total monthly income is $1,564/mo, and annual cash flow is $3,140/yr on $65,637 cash. Return on cash invested measures 24.69% in year one, and rental yield stands at 9.48% at a $198,000 entry. Equity gained on principal adds $1,278/yr while 5% annual appreciation compounds into $54,704 by year five. Five-year ROI records 129.02% and total cumulative return in cash reaches $84,688. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,564/mo property income versus a $969/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
6,120 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45690, Waverly, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,446 (100%) |
| Owner Occupied HU | 3,613 (56.1%) |
| Renter Occupied HU | 2,078 (32.2%) |
| Vacant Housing Units | 755 (11.7%) |
| Median Home Value | $215,506 |
| Average Home Value | $250,186 |
Housing Distribution
Address Breakdown
Residential
6,103
Single Family
5,873
Multi-Family
230
Businesses
473
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