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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% |
Rental property for sale in Van Wert at 1037 Woodland Ave, Van Wert, OH, 45891 generates $1,122/mo in rent and, after a $685/mo payment, leaves $202/mo in cash flow. Total monthly income is $1,122/mo, and annual cash flow is $2,418/yr on $46,377 invested. Return on cash invested sits at 25.12% in year one, and rental yield is 9.62% on a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 131.37% and total cumulative return in cash sums $60,927. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,122/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
9,600 sqft 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 |
|---|---|---|
| 2025-07-25 | Listed for sale | $139,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Karl (Joe) Bagley • Straley Realty & Auctioneers- Van Wert
Mls Name: WCAR OH
Mls Provider:
Mls ID: #307783
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.
