45231 State Route 46New WaterfordOH44445
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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
Total monthly income runs $1,320/mo, and a $3,475/mo payment. Purchase price stands at $709,900, and rental yield measures 2.23% with $1,320/mo rent. Return on cash invested shows 2.85% in year one, and 5% annual appreciation builds toward $196,132 over five years. Five-year ROI reaches 11.83% and total cumulative return in cash records $27,628. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,320/mo property income covering a $3,475/mo payment rather than investor’s personal income.
Single Family
Built in 2001
10.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44445, New Waterford, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,294 (100%) |
| Owner Occupied HU | 1,007 (77.8%) |
| Renter Occupied HU | 230 (17.8%) |
| Vacant Housing Units | 57 ( 4.4%) |
| Median Home Value | $244,343 |
| Average Home Value | $254,270 |
Housing Distribution
Address Breakdown
Residential
1,301
Single Family
1,230
Multi-Family
71
Businesses
46
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Listed by: Jessica L Hinerman • Century 21 Lakeside Realty
Mls Name: MLS Now
Mls ID: #5152874