6123 State Route 224OttawaOH45875
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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 Ottawa at 6123 State Route 224, Ottawa, OH, 45875 listed at $340,000 pairs $1,019/mo rent with a $1,664/mo payment. Total monthly income runs $1,019/mo. Return on cash invested measures 6.95% in year one, and rental yield registers 3.6% at a $340,000 basis. Equity gained on principal adds $2,194/yr, and annual property appreciation at 5% supports $93,936 by year five. Five-year ROI tracks 33.86% and total cumulative return in cash totals $38,166. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,019/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45875, Ottawa, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,677 (100%) |
| Owner Occupied HU | 3,633 (77.7%) |
| Renter Occupied HU | 766 (16.4%) |
| Vacant Housing Units | 278 ( 5.9%) |
| Median Home Value | $244,539 |
| Average Home Value | $279,359 |
Housing Distribution
Address Breakdown
Residential
4,381
Single Family
4,270
Multi-Family
111
Businesses
399
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