407 E 5th StWaverlyOH45690
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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 Waverly at 407 E 5th St, Waverly, OH, 45690 generates $1,001/mo in rent and, after a $639/mo payment, leaves $142/mo in cash flow. Total monthly income is $1,001/mo, and annual cash flow is $1,708/yr on $43,261 invested. Return on cash invested sits at 23.86% in year one, and rental yield is 9.2% on a $130,500 entry. Equity gained on principal adds $842/yr, while 5% annual appreciation builds toward $36,055 over five years. Five-year ROI reaches 124.61% and total cumulative return in cash sums $53,908. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,001/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45690, Waverly, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,446 (100%) |
| Owner Occupied HU | 3,613 (56.1%) |
| Renter Occupied HU | 2,078 (32.2%) |
| Vacant Housing Units | 755 (11.7%) |
| Median Home Value | $215,506 |
| Average Home Value | $250,186 |
Housing Distribution
Address Breakdown
Residential
6,103
Single Family
5,873
Multi-Family
230
Businesses
473
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