33279 Township Road 516WalhondingOH43843
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
Investment property for sale in Walhonding at 33279 Township Road 516, Walhonding, OH, 43843 offers a 9.62% rental yield on a $104,777 purchase with $840/mo rent. Total monthly income registers $840/mo, and a $513/mo payment leaves $151/mo available for distribution. Annual cash flow reaches $1,807/yr on $34,734 to close, and return on cash invested stands at 25.11% in year one. Equity gained on principal adds $676/yr while 5% annual appreciation supports $28,948 over five years. Portfolio math shows five-year ROI at 131.3% and total cumulative return in cash at $45,604. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $840/mo property income against a $513/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
8,973 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43843, Walhonding, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 487 (100%) |
| Owner Occupied HU | 336 (69.0%) |
| Renter Occupied HU | 94 (19.3%) |
| Vacant Housing Units | 57 (11.7%) |
| Median Home Value | $226,190 |
| Average Home Value | $326,786 |
Housing Distribution
Address Breakdown
Residential
485
Single Family
485
Multi-Family
0
Businesses
19
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Listed by: Dave Culbertson • Howard Hanna Real Estate Services
Mls Name: KCBR
Mls ID: #20260062