404 W Emerald StWillardOH44890
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 404 W Emerald St, Willard, OH, 44890 in Willard hard to pass up. The 15.35% gross yield on a $119,900 purchase results in $1,534/mo in rent and $745/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.85). Annual cash flow of $8,939, five-year appreciation of $33,126, and $1,104/yr in equity build-up combine for a projected total cumulative return of $93,684.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 15.4% | 6.2% |
| Monthly Cash Flow | $745 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,534 |
| Total Monthly Debt Service | $741 |
| DSCR Ratio | 2.07x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
5,702 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44890, Willard, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,786 (100%) |
| Owner Occupied HU | 2,870 (60.0%) |
| Renter Occupied HU | 1,361 (28.4%) |
| Vacant Housing Units | 555 (11.6%) |
| Median Home Value | $152,990 |
| Average Home Value | $167,873 |
Housing Distribution
Address Breakdown
Residential
4,379
Single Family
4,229
Multi-Family
150
Businesses
250
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
Single Family
Built in N/A
5,702 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44890, Willard, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,786 (100%) |
| Owner Occupied HU | 2,870 (60.0%) |
| Renter Occupied HU | 1,361 (28.4%) |
| Vacant Housing Units | 555 (11.6%) |
| Median Home Value | $152,990 |
| Average Home Value | $167,873 |
Housing Distribution
Address Breakdown
Residential
4,379
Single Family
4,229
Multi-Family
150
Businesses
250
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices