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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 1119 Gatsby Blvd, Van Wert, OH, 45891 listed at $355,000 pairs $2,690/mo rent with a $1,738/mo payment to leave $329/mo cash flow. Total monthly income runs $2,690/mo, and annual cash flow reaches $3,953/yr on $117,683 cash to close. Return on cash invested measures 23.27% in year one, and rental yield registers 9.09% at a $355,000 basis. Equity gained on principal adds $2,291/yr, and annual property appreciation at 5% supports $98,080 by year five. Five-year ROI tracks 121.48% and total cumulative return in cash totals $142,956. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,690/mo property income relative to a $1,738/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
8,276 sqft lot
$N/A/sqft
$300 annually 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 |
|---|---|---|
| 2024-05-30 | Sold | $339,000 |
| 2024-04-15 | Pending sale | $349,900 |
| 2023-12-06 | Listed for sale | $349,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-05 | $10.24 | -2.48% | $150 | N/A |
| 2022-06-05 | $10.50 | 1.55% | $150 | N/A |
| 2021-06-05 | $10.34 | N/A | $150 | N/A |
Listed by: Stephanie Teman • At Home Realty
Mls Name: WCAR OH
Mls Provider:
Mls ID: #307269
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.
