414 Spring StWillardOH44890
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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
Investment property for sale in Willard at 414 Spring St, Willard, OH, 44890 offers a 9.06% rental yield on a $119,900 purchase with $905/mo rent. Total monthly income registers $905/mo, and a $587/mo payment leaves $116/mo available for distribution. Annual cash flow reaches $1,394/yr on $39,747 to close, and return on cash invested stands at 23.42% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,126 over five years. Portfolio math shows five-year ROI at 122.27% and total cumulative return in cash at $48,600. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $905/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1915
7,501 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
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