501 E 5th StWaverlyOH45690
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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 Waverly at 501 E 5th St, Waverly, OH, 45690 uses $56,322 cash to close to unlock $5,292/yr annual cash flow and $441/mo monthly cash flow. Total monthly income runs $1,559/mo, and a $832/mo payment keeps the spread at $441/mo. Purchase price stands at $169,900, and rental yield measures 11.01% with $1,559/mo rent. Return on cash invested shows 29.3% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 153.73% and total cumulative return in cash records $86,582. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,559/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1953
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45690, Waverly, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,446 (100%) |
| Owner Occupied HU | 3,613 (56.1%) |
| Renter Occupied HU | 2,078 (32.2%) |
| Vacant Housing Units | 755 (11.7%) |
| Median Home Value | $215,506 |
| Average Home Value | $250,186 |
Housing Distribution
Address Breakdown
Residential
6,103
Single Family
5,873
Multi-Family
230
Businesses
473
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