878 W Graceway DrNapoleonOH43545
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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
Rental property for sale in Napoleon at 878 W Graceway Dr, Napoleon, OH, 43545 priced at $139,900 pairs $1,092/mo rent with $172/mo cash flow after a $685/mo payment. Total monthly income equals $1,092/mo, and annual cash flow comes to $2,058/yr on $46,377 invested. Return on cash invested is 24.35% in year one, and rental yield stands at 9.37% on a $139,900 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,652 by year five. Five-year ROI measures 127.21% and total cumulative return in cash reaches $58,995. For financing, Ziffy Mortgage’s DSCR program evaluates $1,092/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1963
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43545, Napoleon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,245 (100%) |
| Owner Occupied HU | 4,492 (71.9%) |
| Renter Occupied HU | 1,381 (22.1%) |
| Vacant Housing Units | 372 ( 6.0%) |
| Median Home Value | $198,633 |
| Average Home Value | $235,280 |
Housing Distribution
Address Breakdown
Residential
6,073
Single Family
5,794
Multi-Family
279
Businesses
497
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