113 Candlelight DrWellstonOH45692
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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
Rental property for sale in Wellston at 113 Candlelight Dr, Wellston, OH, 45692 priced at $153,400 converts $1,326/mo rent into $317/mo cash flow after a $751/mo obligation. Total monthly income equals $1,326/mo, and annual cash flow totals $3,801/yr on $50,852 invested. Return on cash invested prints 27.38% in year one, and rental yield reads 10.37% against a $153,400 entry. Equity gained on principal adds $990/yr, while 5% annual appreciation compiles into $42,382 by year five. Five-year ROI reaches 143.44% and total cumulative return in cash sums $72,941. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,326/mo property income covering a $751/mo payment, not borrower’s personal income.
Single Family
Built in 1968
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45692, Wellston, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,798 (100%) |
| Owner Occupied HU | 2,386 (62.8%) |
| Renter Occupied HU | 1,024 (27.0%) |
| Vacant Housing Units | 388 (10.2%) |
| Median Home Value | $138,780 |
| Average Home Value | $170,357 |
Housing Distribution
Address Breakdown
Residential
3,679
Single Family
3,533
Multi-Family
146
Businesses
206
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