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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Van Wert at 1020 Linden Dr, Van Wert, OH, 45891 listed at $195,000 pairs $1,726/mo rent with a $954/mo payment to leave $444/mo cash flow. Total monthly income runs $1,726/mo, and annual cash flow reaches $5,325/yr on $64,643 cash to close. Return on cash invested measures 28.15% in year one, and rental yield registers 10.62% at a $195,000 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,875 by year five. Five-year ROI tracks 147.54% and total cumulative return in cash totals $95,374. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,726/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45891, Van Wert, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,012 (100%) |
| Owner Occupied HU | 4,579 (65.3%) |
| Renter Occupied HU | 1,860 (26.5%) |
| Vacant Housing Units | 573 ( 8.2%) |
| Median Home Value | $156,533 |
| Average Home Value | $189,951 |
Residential
6,672
Single Family
6,408
Multi-Family
264
Businesses
562
Date | Event | Price |
|---|---|---|
| 2024-10-15 | Listed for sale | $195,000 |
| 2023-10-23 | Sold | $185,000 |
| 2023-10-07 | Pending sale | $184,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Josh Ebbing • Red Oak Realty
Mls Name: WCAR OH
Mls Provider:
Mls ID: #305422
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.
