32 C St SWNavarreOH44662
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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 Navarre at 32 C St SW, Navarre, OH, 44662 priced at $106,900 converts $1,183/mo rent into $480/mo cash flow after a $523/mo obligation. Total monthly income equals $1,183/mo, and annual cash flow totals $5,761/yr on $35,437 invested. Return on cash invested prints 36.16% in year one, and rental yield reads 13.28% against a $106,900 entry. Equity gained on principal adds $690/yr, while 5% annual appreciation compiles into $29,535 by year five. Five-year ROI reaches 190.68% and total cumulative return in cash sums $67,570. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,183/mo property income covering a $523/mo payment, not borrower’s personal income.
Manufactured
Built in 2020
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44662, Navarre, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,177 (100%) |
| Owner Occupied HU | 3,115 (74.6%) |
| Renter Occupied HU | 828 (19.8%) |
| Vacant Housing Units | 234 ( 5.6%) |
| Median Home Value | $233,647 |
| Average Home Value | $274,310 |
Housing Distribution
Address Breakdown
Residential
4,028
Single Family
3,943
Multi-Family
85
Businesses
192
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