309 Oakview DrOttawaOH45875
Nearby investment properties with comparable rents
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
Investment Highlights
Rental property for sale in Ottawa at 309 Oakview Dr, Ottawa, OH, 45875 offers $2,354/mo rent that, after a $1,459/mo payment, leaves $393/mo cash flow. Total monthly income is $2,354/mo, and annual cash flow is $4,720/yr on $98,787 cash. Return on cash invested measures 24.69% in year one, and rental yield stands at 9.48% at a $298,000 entry. Equity gained on principal adds $1,923/yr while 5% annual appreciation compounds into $82,332 by year five. Five-year ROI records 129% and total cumulative return in cash reaches $127,436. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,354/mo property income versus a $1,459/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2005
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices