7940 Noward RdWatervilleOH43566
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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 7940 Noward Rd, Waterville, OH, 43566 uses $166,145 cash to close to unlock $335/yr annual cash flow and $28/mo monthly cash flow. Total monthly income runs $3,350/mo, and a $2,472/mo payment keeps the spread at $28/mo. Purchase price stands at $505,000, and rental yield measures 7.96% with $3,350/mo rent. Return on cash invested shows 20.26% in year one, and 5% annual appreciation builds toward $139,522 over five years. Five-year ROI reaches 105.21% and total cumulative return in cash records $174,798. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,350/mo property income covering a $2,472/mo payment rather than investor’s personal income.
Single Family
Built in 2001
6 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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