8910 Galloway TrlNoveltyOH44072
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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 Novelty at 8910 Galloway Trl, Novelty, OH, 44072 offers a 8.42% rental yield on a $685,000 purchase with $4,804/mo rent. Total monthly income registers $4,804/mo, and a $3,353/mo payment leaves $257/mo available for distribution. Annual cash flow reaches $3,085/yr on $225,365 to close, and return on cash invested stands at 21.43% in year one. Equity gained on principal adds $4,420/yr while 5% annual appreciation supports $189,253 over five years. Portfolio math shows five-year ROI at 111.57% and total cumulative return in cash at $251,434. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,804/mo property income against a $3,353/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
3.01 Acres lot
$N/A/sqft
$490 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44072, Novelty, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,878 (100%) |
| Owner Occupied HU | 1,629 (86.7%) |
| Renter Occupied HU | 140 ( 7.5%) |
| Vacant Housing Units | 109 ( 5.8%) |
| Median Home Value | $381,695 |
| Average Home Value | $559,283 |
Housing Distribution
Address Breakdown
Residential
1,865
Single Family
1,865
Multi-Family
0
Businesses
139
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