4 Deer Track Trl UNIT A, Norwalk, OH, 44857 | $571/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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4 Deer Track Trl UNIT A, Norwalk, OH, 44857 | $571/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Norwalk at 4 Deer Track Trl UNIT A, Norwalk, OH, 44857 priced at $216,000 converts $1,992/mo rent into $571/mo cash flow after a $1,057/mo obligation. Total monthly income equals $1,992/mo, and annual cash flow totals $6,857/yr on $71,604 invested. Return on cash invested prints 29.48% in year one, and rental yield reads 11.07% against a $216,000 entry. Equity gained on principal adds $1,394/yr, while 5% annual appreciation compiles into $59,677 by year five. Five-year ROI reaches 154.76% and total cumulative return in cash sums $110,811. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,992/mo property income covering a $1,057/mo payment, not borrower’s personal income.

Single Family

Built in 2000

N/A lot

$N/A/sqft

No HOA

More details about the property

Take A Look At This Wonderful Clean 3 Bed 2 Bath Condo In Hunter's Glen. This Convenient Open Floor Plan Has An Easy Flow All On 1 Story. Vaulted Ceiling In Living Room To Aid In The Open Floor Plan. Appliances Stay. Two Car Garage With Extremely Unique Attached Finished Room Which Is Heated And Cooled! This Room Typically Is A Storage Area In Most Other Units, But Not This One!! This Property Is Associated With The Community Heated Swimming Pool As Well As Community Room!

Neighborhood Data

Neighborhood data shown for ZIP Code: 44857, Norwalk, OH area.

Housing Distribution

Housing Statistics

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