7665 Walnut St, Russells Point, OH, 43348 | 7.59% Rental Yield

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7665 Walnut St, Russells Point, OH, 43348 | 7.59% Rental Yield | Ziffy

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

Investment property for sale in Russells Point at 7665 Walnut St, Russells Point, OH, 43348 listed at $329,000 pairs $2,081/mo rent with a $1,610/mo payment. Total monthly income runs $2,081/mo. Return on cash invested measures 19% in year one, and rental yield registers 7.59% at a $329,000 basis. Equity gained on principal adds $2,123/yr, and annual property appreciation at 5% supports $90,897 by year five. Five-year ROI tracks 98.49% and total cumulative return in cash totals $107,421. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,081/mo property income relative to a $1,610/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1990

6,534 sqft lot

$N/A/sqft

No HOA

More details about the property

Beautifully remodeled 3 bed/2 bath home in Waterbury with a public easement to the lake across the street! Inside features a new kitchen with white cabinetry, quartz counters, stainless steel appliances, and gorgeous tile backsplash. The open living room features a gas fireplace with black shiplap and TV mount. The double doors lead to the new concrete patio. The owner's suite features an oversized en suite bath with double sink vanity, shower, and soaking tub. New furnace, electric panel, flooring, paint, and light fixtures throughout! The two-car attached garage provides plenty of space for cars and storage. Conveniently located close to shops, restaurants, and Moundwood boat ramp. Golf cart friendly area. See it today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 43348, Russells Point, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,487 (100%)
Owner Occupied HU	544 (36.6%)
Renter Occupied HU	261 (17.6%)
Vacant Housing Units	682 (45.9%)
Median Home Value	$218,750
Average Home Value	$284,223