491 Patriot Dr WWatervilleOH43566
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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 Waterville at 491 Patriot Dr W, Waterville, OH, 43566 earns $272/mo cash flow from $2,705/mo rent with a $1,810/mo payment. Total monthly income totals $2,705/mo, and annual cash flow totals $3,268/yr on $122,622 capital. ROI tracks 22.57% on current figures, and rental yield reads 8.78% at a $369,900 purchase. Equity gained on principal adds $2,387/yr, and 5% annual appreciation supports $102,197 over five years. Five-year ROI reaches 117.67% and total cumulative return in cash sums $144,286. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,705/mo property income instead of your personal income.
Single Family
Built in 1989
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43566, Waterville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,828 (100%) |
| Owner Occupied HU | 2,759 (72.1%) |
| Renter Occupied HU | 753 (19.7%) |
| Vacant Housing Units | 316 ( 8.3%) |
| Median Home Value | $300,678 |
| Average Home Value | $308,016 |
Housing Distribution
Address Breakdown
Residential
3,710
Single Family
3,419
Multi-Family
291
Businesses
245
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Listed by: Mark Remeis • A.A. Green Realty, Inc.
Mls Name: NORIS
Mls ID: #10000873