8076 Trent Lock DrWatervilleOH43566
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
Investment property for sale in Waterville at 8076 Trent Lock Dr, Waterville, OH, 43566 uses $142,512 cash to close to unlock $1,000/yr annual cash flow and $83/mo monthly cash flow. Total monthly income runs $2,911/mo, and a $2,104/mo payment keeps the spread at $83/mo. Purchase price stands at $429,900, and rental yield measures 8.13% with $2,911/mo rent. Return on cash invested shows 20.61% in year one, and 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 107.12% and total cumulative return in cash records $152,659. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,911/mo property income covering a $2,104/mo payment rather than investor’s personal income.
Single Family
Built in 2000
0.34 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Smith-Lapoint • The Danberry Co
Mls Name: NORIS
Mls ID: #6132128