331 Chippewa DrOttawaOH45875
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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 Ottawa at 331 Chippewa Dr, Ottawa, OH, 45875 with 5% annual appreciation on a $360,000 basis while $2,668/mo rent supports operations. Total monthly income totals $2,668/mo and a $1,762/mo payment preserves $300/mo for cash returns. Annual cash flow comes to $3,600/yr on $119,340 deployed, and return on cash invested reaches 22.93% in year one. Equity gained on principal adds $2,323/yr, and five-year appreciation sums $99,461 alongside rental yield of 8.89%. Five-year ROI measures 119.52% and total cumulative return in cash totals $142,629.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,668/mo property income versus a $1,762/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
0.40 Acres 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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