113 Grove St, Wellington, OH, 44090 | 7.8% Rental Yield

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113 Grove St, Wellington, OH, 44090 | 7.8% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Wellington at 113 Grove St, Wellington, OH, 44090 priced at $179,900 pairs $1,170/mo rent with after a $881/mo payment. Total monthly income equals $1,170/mo. Return on cash invested is 19.63% in year one, and rental yield stands at 7.8% on a $179,900 basis. Equity gained on principal adds $1,161/yr, and 5% annual appreciation accumulates to $49,703 by year five. Five-year ROI measures 101.93% and total cumulative return in cash reaches $60,789. For financing, Ziffy Mortgage’s DSCR program evaluates $1,170/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1900

5,227 sqft lot

$N/A/sqft

No HOA

More details about the property

Bring your vision to life with this 3-bedroom, 2-bath home in the heart of Wellington! Sitting on nearly 1,500 sq ft, this property offers incredible potential for anyone looking to customize, renovate, or invest. Built in 1900, the home has great bones, classic character, and a spacious layoutit just needs some TLC and finishing touches to shine again. The main level features a large living area, dining room, full bath, and kitchen with plenty of room for redesign. Upstairs, youll find three well-sized bedrooms and another full bath ready for updating. Outside, the property offers a charming front porch, a manageable yard, and the kind of curb appeal that can truly pop with the right updates. Located just minutes from downtown Wellington, parks, schools, and local shops, this home is ideal for buyers looking for a project, investors seeking their next opportunity, or homeowners who want to add instant equity with improvements. If youre ready to roll up your sleeves, this is the one. Schedule your showing and see the potential at 113 Grove St today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 44090, Wellington, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,827 (100%)
Owner Occupied HU	3,633 (75.3%)
Renter Occupied HU	978 (20.3%)
Vacant Housing Units	216 ( 4.5%)
Median Home Value	$272,917
Average Home Value	$310,310