109 E South StWayneOH43466
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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 Wayne at 109 E South St, Wayne, OH, 43466 listed at $119,000 pairs $1,546/mo rent with a $582/mo payment to leave $764/mo cash flow. Total monthly income runs $1,546/mo, and annual cash flow reaches $9,164/yr on $39,449 cash to close. Return on cash invested measures 43.14% in year one, and rental yield registers 15.59% at a $119,000 basis. Equity gained on principal adds $768/yr, and annual property appreciation at 5% supports $32,878 by year five. Five-year ROI tracks 227.95% and total cumulative return in cash totals $89,921. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,546/mo property income relative to a $582/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1928
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43466, Wayne, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 890 (100%) |
| Owner Occupied HU | 686 (77.1%) |
| Renter Occupied HU | 165 (18.5%) |
| Vacant Housing Units | 39 ( 4.4%) |
| Median Home Value | $208,333 |
| Average Home Value | $244,989 |
Housing Distribution
Address Breakdown
Residential
593
Single Family
593
Multi-Family
0
Businesses
23
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