948 Big Bear Creek RdOtwayOH45657
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 Otway at 948 Big Bear Creek Rd, Otway, OH, 45657 earns from $5,887/mo rent with a $8,688/mo payment. Total monthly income totals $5,887/mo. ROI tracks 8.29% on current figures, and rental yield reads 3.98% at a $1,775,000 purchase. Equity gained on principal adds $11,454/yr, and 5% annual appreciation supports $490,400 over five years. Five-year ROI reaches 40.97% and total cumulative return in cash sums $235,594. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,887/mo property income instead of your personal income.
Single Family
Built in 1900
325 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45657, Otway, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,168 (100%) |
| Owner Occupied HU | 803 (68.7%) |
| Renter Occupied HU | 196 (16.8%) |
| Vacant Housing Units | 169 (14.5%) |
| Median Home Value | $123,958 |
| Average Home Value | $171,921 |
Housing Distribution
Address Breakdown
Residential
999
Single Family
999
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marc Leeth • ERA Martin & Associates (C)
Mls Name: Scioto Valley AOR
Mls Provider:
Mls ID: #197371
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.