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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Norwalk at 37 Briarcrest Vlg, Norwalk, OH, 44857 priced at $560,000 converts $3,118/mo rent into after a $2,741/mo obligation. Total monthly income equals $3,118/mo. Return on cash invested prints 15.6% in year one, and rental yield reads 6.68% against a $560,000 entry. Equity gained on principal adds $3,614/yr, while 5% annual appreciation compiles into $154,718 by year five. Five-year ROI reaches 80.51% and total cumulative return in cash sums $148,337. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,118/mo property income covering a $2,741/mo payment, not borrower’s personal income.
Single Family
Built in 2020
0.56 Acres lot
$N/A/sqft
$356 quarterly HOA
Neighborhood data shown for ZIP Code: 44857, Norwalk, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,627 (100%) |
| Owner Occupied HU | 6,526 (61.4%) |
| Renter Occupied HU | 3,354 (31.6%) |
| Vacant Housing Units | 747 ( 7.0%) |
| Median Home Value | $184,568 |
| Average Home Value | $225,391 |
Residential
10,054
Single Family
9,518
Multi-Family
536
Businesses
795
Date | Event | Price |
|---|---|---|
| 2025-06-23 | Price change | $560,000 |
| 2025-06-06 | Price change | $575,000 |
| 2025-05-21 | Listed for rent | $5,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-11 | $5069.42 | -0.56% | $126,880 | N/A |
| 2022-08-11 | $5097.80 | -0.04% | $126,880 | N/A |
| 2021-08-11 | $5100.00 | 24.60% | $126,880 | 33.36% |
Listed by: Kendra S. Clark • Plum Tree Realty
Mls Name: Firelands MLS
Mls ID: #20243370
Disclaimer: Listing information is deemed reliable, but not guaranteed.
