5920 N River RdWatervilleOH43566
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
Total monthly income runs $2,266/mo, and a $1,713/mo payment. Purchase price stands at $349,900, and rental yield measures 7.77% with $2,266/mo rent. Return on cash invested shows 19.54% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 101.33% and total cumulative return in cash records $117,534. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,266/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1977
0.35 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tyler Tresize • LPG Realty
Mls Name: NORIS
Mls ID: #10002594