45594 State Route 558New WaterfordOH44445
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
Investment Highlights
Investment property for sale in New Waterford at 45594 State Route 558, New Waterford, OH, 44445 offers a 10.63% rental yield on a $149,000 purchase with $1,320/mo rent. Total monthly income registers $1,320/mo, and a $729/mo payment leaves $340/mo available for distribution. Annual cash flow reaches $4,082/yr on $49,394 to close, and return on cash invested stands at 28.17% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 147.77% and total cumulative return in cash at $72,988. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,320/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
2.94 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: Sharon D Tarnovich • Century 21 Lakeside Realty
Mls Name: MLS Now
Mls ID: #5170655