515 E 7th 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
Rental property for sale in Waverly at 515 E 7th St, Waverly, OH, 45690 priced at $203,900 converts $1,460/mo rent into $119/mo cash flow after a $998/mo obligation. Total monthly income equals $1,460/mo, and annual cash flow totals $1,425/yr on $67,593 invested. Return on cash invested prints 22.02% in year one, and rental yield reads 8.59% against a $203,900 entry. Equity gained on principal adds $1,316/yr, while 5% annual appreciation compiles into $56,334 by year five. Five-year ROI reaches 114.66% and total cumulative return in cash sums $77,504. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,460/mo property income covering a $998/mo payment, not borrower’s personal income.
Single Family
Built in 1953
5,880 sqft 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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Listed by: Brenda Clark • REALTEC Real Estate
Mls Name: Scioto Valley AOR
Mls Provider:
Mls ID: #197397
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.