313 E Chestnut StOrrvilleOH44667
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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
Investment property for sale in Orrville at 313 E Chestnut St, Orrville, OH, 44667 listed at $175,400 pairs $1,721/mo rent with a $859/mo payment to leave $568/mo cash flow. Total monthly income runs $1,721/mo, and annual cash flow reaches $6,813/yr on $58,145 cash to close. Return on cash invested measures 31.63% in year one, and rental yield registers 11.77% at a $175,400 basis. Equity gained on principal adds $1,132/yr, and annual property appreciation at 5% supports $48,460 by year five. Five-year ROI tracks 166.2% and total cumulative return in cash totals $96,637. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,721/mo property income relative to a $859/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1946
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44667, Orrville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,724 (100%) |
| Owner Occupied HU | 3,708 (64.8%) |
| Renter Occupied HU | 1,705 (29.8%) |
| Vacant Housing Units | 311 ( 5.4%) |
| Median Home Value | $220,000 |
| Average Home Value | $247,383 |
Housing Distribution
Address Breakdown
Residential
5,451
Single Family
5,143
Multi-Family
308
Businesses
363
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