645 Stevens RdWaterfordOH45786
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 Waterford at 645 Stevens Rd, Waterford, OH, 45786 offers $2,220/mo rent that, after a $1,272/mo payment, leaves $511/mo cash flow. Total monthly income is $2,220/mo, and annual cash flow is $6,126/yr on $86,157 cash. Return on cash invested measures 27.02% in year one, and rental yield stands at 10.25% at a $259,900 entry. Equity gained on principal adds $1,677/yr while 5% annual appreciation compounds into $71,806 by year five. Five-year ROI records 141.51% and total cumulative return in cash reaches $121,918. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,220/mo property income versus a $1,272/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45786, Waterford, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,347 (100%) |
| Owner Occupied HU | 984 (73.1%) |
| Renter Occupied HU | 208 (15.4%) |
| Vacant Housing Units | 155 (11.5%) |
| Median Home Value | $195,652 |
| Average Home Value | $237,378 |
Housing Distribution
Address Breakdown
Residential
1,211
Single Family
1,211
Multi-Family
0
Businesses
36
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