555 Township Road 902PolkOH44866
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
Investment property for sale in Polk at 555 Township Road 902, Polk, OH, 44866 offers a 8.34% rental yield on a $479,500 purchase with $3,332/mo rent. Total monthly income registers $3,332/mo, and a $2,347/mo payment leaves $178/mo available for distribution. Annual cash flow reaches $2,134/yr on $158,954 to close, and return on cash invested stands at 21.25% in year one. Equity gained on principal adds $3,094/yr while 5% annual appreciation supports $132,477 over five years. Portfolio math shows five-year ROI at 110.55% and total cumulative return in cash at $175,720. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,332/mo property income against a $2,347/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
7.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44866, Polk, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 775 (100%) |
| Owner Occupied HU | 639 (82.5%) |
| Renter Occupied HU | 85 (11.0%) |
| Vacant Housing Units | 51 ( 6.6%) |
| Median Home Value | $210,437 |
| Average Home Value | $296,459 |
Housing Distribution
Address Breakdown
Residential
763
Single Family
763
Multi-Family
0
Businesses
19
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