3853 County Road 48WaterlooOH45688
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 Waterloo at 3853 County Road 48, Waterloo, OH, 45688 offers a 11.45% rental yield on a $209,900 purchase with $2,002/mo rent. Total monthly income registers $2,002/mo, and a $1,027/mo payment leaves $622/mo available for distribution. Annual cash flow reaches $7,460/yr on $69,582 to close, and return on cash invested stands at 30.63% in year one. Equity gained on principal adds $1,354/yr while 5% annual appreciation supports $57,992 over five years. Portfolio math shows five-year ROI at 160.86% and total cumulative return in cash at $111,932. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,002/mo property income against a $1,027/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1992
10.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45688, Waterloo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 189 (100%) |
| Owner Occupied HU | 125 (66.1%) |
| Renter Occupied HU | 42 (22.2%) |
| Vacant Housing Units | 22 (11.6%) |
| Median Home Value | $121,875 |
| Average Home Value | $149,480 |
Housing Distribution
Address Breakdown
Residential
173
Single Family
173
Multi-Family
0
Businesses
1
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