335 Nautilus LnRittmanOH44270
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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 Rittman at 335 Nautilus Ln, Rittman, OH, 44270 priced at $119,900 converts $1,020/mo rent into $231/mo cash flow after a $587/mo obligation. Total monthly income equals $1,020/mo, and annual cash flow totals $2,774/yr on $39,747 invested. Return on cash invested prints 26.89% in year one, and rental yield reads 10.21% against a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,126 by year five. Five-year ROI reaches 140.9% and total cumulative return in cash sums $56,004. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,020/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1961
7,631 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44270, Rittman, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,650 (100%) |
| Owner Occupied HU | 2,439 (66.8%) |
| Renter Occupied HU | 997 (27.3%) |
| Vacant Housing Units | 214 ( 5.9%) |
| Median Home Value | $209,012 |
| Average Home Value | $244,429 |
Housing Distribution
Address Breakdown
Residential
3,522
Single Family
3,429
Multi-Family
93
Businesses
171
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