4775 State Route 601, Norwalk, OH, 44857 | $152/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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4775 State Route 601, Norwalk, OH, 44857 | $152/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Norwalk at 4775 State Route 601, Norwalk, OH, 44857 uses $91,163 cash to close to unlock $1,825/yr annual cash flow and $152/mo monthly cash flow. Total monthly income runs $1,961/mo, and a $1,346/mo payment keeps the spread at $152/mo. Purchase price stands at $275,000, and rental yield measures 8.56% with $1,961/mo rent. Return on cash invested shows 21.91% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 114.14% and total cumulative return in cash records $104,051. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,961/mo property income covering a $1,346/mo payment rather than investor’s personal income.

Single Family

Built in N/A

0.50 Acres lot

$N/A/sqft

No HOA

More details about the property

Be The First To Live In This Beautiful, Brand-new Norwalk Home! This Newly Built 3-bedroom, 2-bath Ranch Offers True One-floor Living, Making It An Ideal Forever Home. The Spacious Bedrooms Include A Primary Suite With Its Own Stunning Bathroom Featuring A Rain-style Showerhead. Ready To Move In At Closing!you'll Love The Open-concept Layout, Where The Kitchen And Dining Area Flow Seamlessly Into The Living Room. Perfect For Staying Connected With Family And Friends.built With Comfort And Efficiency In Mind, The Home Includes A Brand New High-efficiency Furnace And A Smart Tankless Water Heater With A Circulation Pump That Provides Instant Hot Water And Adapts To Your Daily Routine. Additional Quality Features Include A Poured Concrete Foundation, 9-foot Ceilings Throughout, Brand-new Stainless Steel Appliances, And A Brand-new Roof.car Lovers And Truck Owners Will Appreciate The Huge 26' X 24' Garage With An Oversized 12' X 8' Garage Door And Full Electric. Enjoy Outdoor Relaxation With The 26' X 8' Covered Patio.don't Miss Your Chance To Own This Stunning New Construction Home! Property Tax Is Estimated.

Neighborhood Data

Neighborhood data shown for ZIP Code: 44857, Norwalk, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,627 (100%)
Owner Occupied HU	6,526 (61.4%)
Renter Occupied HU	3,354 (31.6%)
Vacant Housing Units	747 ( 7.0%)
Median Home Value	$184,568
Average Home Value	$225,391