717 E 3rd St, Ottawa, OH, 45875 | 3.27% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Ottawa at 717 E 3rd St, Ottawa, OH, 45875 generates $1,282/mo in rent, after a $2,300/mo payment. Total monthly income is $1,282/mo. Return on cash invested sits at 5.97% in year one, and rental yield is 3.27% on a $469,900 entry. Equity gained on principal adds $3,032/yr, while 5% annual appreciation builds toward $129,825 over five years. Five-year ROI reaches 28.6% and total cumulative return in cash sums $44,558. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,282/mo property income rather than buyer’s personal income.

Single Family

Built in 2023

9,600 sqft 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