792 Wilkshire DrWatervilleOH43566
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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 Waterville at 792 Wilkshire Dr, Waterville, OH, 43566 uses $169,435 cash to close to unlock $4,501/yr annual cash flow and $375/mo monthly cash flow. Total monthly income runs $3,763/mo, and a $2,521/mo payment keeps the spread at $375/mo. Purchase price stands at $515,000, and rental yield measures 8.77% with $3,763/mo rent. Return on cash invested shows 22.72% in year one, and 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 118.4% and total cumulative return in cash records $200,617. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,763/mo property income covering a $2,521/mo payment rather than investor’s personal income.
Single Family
Built in 2020
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43566, Waterville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,828 (100%) |
| Owner Occupied HU | 2,759 (72.1%) |
| Renter Occupied HU | 753 (19.7%) |
| Vacant Housing Units | 316 ( 8.3%) |
| Median Home Value | $300,678 |
| Average Home Value | $308,016 |
Housing Distribution
Address Breakdown
Residential
3,710
Single Family
3,419
Multi-Family
291
Businesses
245
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Listed by: Catherine Wheeler • The Danberry Co.
Mls Name: NORIS
Mls ID: #10000558