914 Wood Glen Ct, Norwalk, OH, 44857 | $877/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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914 Wood Glen Ct, Norwalk, OH, 44857 | $877/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Norwalk at 914 Wood Glen Ct, Norwalk, OH, 44857 priced at $489,900 pairs $4,100/mo rent with $877/mo cash flow after a $2,398/mo payment. Total monthly income equals $4,100/mo, and annual cash flow comes to $10,528/yr on $162,402 invested. Return on cash invested is 26.39% in year one, and rental yield stands at 10.04% on a $489,900 basis. Equity gained on principal adds $3,161/yr, and 5% annual appreciation accumulates to $135,350 by year five. Five-year ROI measures 138.13% and total cumulative return in cash reaches $224,333. For financing, Ziffy Mortgage’s DSCR program evaluates $4,100/mo property income against a $2,398/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1994

1.51 Acres lot

$N/A/sqft

No HOA

More details about the property

Property Has Recently Appraised At 550k Twice. Now Listed For $60,000 Less Than Appraisals! Was Under Contract, Buyer Could Not Qualify So Home Is Back On Market. Instant Equity For Whomever Purchases This Lovely Home! Welcome To Your New Secluded Oasis In The Northern Outskirts Of Norwalk! You Will Feel Like You Are On An Island With This Home That Sits Alongside Breathtaking Ravines At The End Of A Private Cul-de-sac Street. 3 Lots Consisting Of 1.5 Total Acres. Listen To The Small Creeks That Run Beside This Wooded Property. You Will Not Want To Leave. Large 4 Bedroom Home With All Of The Extras. Formal Dining, Family, Study, Living Room Spaces All On The First Floor. Large Open Concept Kitchen Is Great For Entertaining. Two Stairways(one From Garage) Lead Down To The Large Finished Walk-out Basement Area Where You'll Also Find Lots Of Storage, A Full Bath, And 2 Hvac Systems. Massive Primary Bedroom, Closet, And En-suite. The Long Winding Asphalt Drive Leads You Past The Gardens To Your Massive 3 Car Garage. This Is The Perfect Package Home You've Been Waiting For. Rare, Desirable Countryside Neighborhood. No-outlet Street. Tranquility Awaits!

Neighborhood Data

Neighborhood data shown for ZIP Code: 44857, Norwalk, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,627 (100%)
Owner Occupied HU	6,526 (61.4%)
Renter Occupied HU	3,354 (31.6%)
Vacant Housing Units	747 ( 7.0%)
Median Home Value	$184,568
Average Home Value	$225,391