304 Oakview Dr UNIT EOttawaOH45875
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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 Ottawa at 304 Oakview Dr UNIT E, Ottawa, OH, 45875 generates $900/mo in rent, after a $1,664/mo payment. Total monthly income is $900/mo. Return on cash invested sits at 5.68% in year one, and rental yield is 3.18% on a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 27.04% and total cumulative return in cash sums $30,467. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $900/mo property income rather than buyer’s personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45875, Ottawa, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,677 (100%) |
| Owner Occupied HU | 3,633 (77.7%) |
| Renter Occupied HU | 766 (16.4%) |
| Vacant Housing Units | 278 ( 5.9%) |
| Median Home Value | $244,539 |
| Average Home Value | $279,359 |
Housing Distribution
Address Breakdown
Residential
4,381
Single Family
4,270
Multi-Family
111
Businesses
399
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Listed by: Sue Schroeder • ERA Geyer-Noakes Realty Group
Mls Name: NORIS
Mls ID: #6119654
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2025 NORIS. All rights reserved.