46691 State Route 46New 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
Rental property for sale in New Waterford at 46691 State Route 46, New Waterford, OH, 44445 generates $845/mo in rent and, after a $529/mo payment, leaves $134/mo in cash flow. Total monthly income is $845/mo, and annual cash flow is $1,610/yr on $35,802 invested. Return on cash invested sits at 24.41% in year one, and rental yield is 9.39% on a $108,000 entry. Equity gained on principal adds $697/yr, while 5% annual appreciation builds toward $29,838 over five years. Five-year ROI reaches 127.62% and total cumulative return in cash sums $45,692. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $845/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
6,098 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amber L Hostetter • Lee Hostetter Real Estate
Mls Name: MLS Now
Mls ID: #5169394