515 Norwich Valley RdNorwichOH43767
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 Norwich at 515 Norwich Valley Rd, Norwich, OH, 43767 generates $2,716/mo in rent, after a $2,423/mo payment. Total monthly income is $2,716/mo. Return on cash invested sits at 15.96% in year one, and rental yield is 6.58% on a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 82.16% and total cumulative return in cash sums $134,818. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,716/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
8.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43767, Norwich, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 631 (100%) |
| Owner Occupied HU | 539 (85.4%) |
| Renter Occupied HU | 58 ( 9.2%) |
| Vacant Housing Units | 34 ( 5.4%) |
| Median Home Value | $291,106 |
| Average Home Value | $306,865 |
Housing Distribution
Address Breakdown
Residential
555
Single Family
555
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Courtney Kirkman • Keller Williams Greater Cols
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225031276
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.