7 N Main StWillardOH44890
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 Willard at 7 N Main St, Willard, OH, 44890 offers $1,169/mo rent that, after a $502/mo payment, leaves $494/mo cash flow. Total monthly income is $1,169/mo, and annual cash flow is $5,934/yr on $33,979 cash. Return on cash invested measures 37.37% in year one, and rental yield stands at 13.69% at a $102,500 entry. Equity gained on principal adds $661/yr while 5% annual appreciation compounds into $28,319 by year five. Five-year ROI records 197.06% and total cumulative return in cash reaches $66,957. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,169/mo property income versus a $502/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44890, Willard, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,786 (100%) |
| Owner Occupied HU | 2,870 (60.0%) |
| Renter Occupied HU | 1,361 (28.4%) |
| Vacant Housing Units | 555 (11.6%) |
| Median Home Value | $152,990 |
| Average Home Value | $167,873 |
Housing Distribution
Address Breakdown
Residential
4,379
Single Family
4,229
Multi-Family
150
Businesses
250
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