113 Park St, Wellington, OH, 44090 | 5.63% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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113 Park St, Wellington, OH, 44090 | 5.63% 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

Investment property for sale in Wellington at 113 Park St, Wellington, OH, 44090 earns from $1,170/mo rent with a $1,221/mo payment. Total monthly income totals $1,170/mo. ROI tracks 13.08% on current figures, and rental yield reads 5.63% at a $249,500 purchase. Equity gained on principal adds $1,610/yr, and 5% annual appreciation supports $68,932 over five years. Five-year ROI reaches 66.77% and total cumulative return in cash sums $55,221. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,170/mo property income instead of your personal income.

Single Family

Built in 2003

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 113 Park Street in Wellington! This beautiful home presents a range of distinguished features and benefits. Situated on a beautifully wooded lot with meticulously maintained lawn and landscaping, it reflects exemplary care and attention. The residence comprises three bedrooms and two full bathrooms, including a newly installed walk-in shower and a spacious walk-in closet adjacent to the master bedroom. The two additional bedrooms offer ample closet space and share a well-maintained full bathroom with a tub. Abundant storage options are available through numerous large closets and additional attic space above the garage. The home is enhanced by modern LVP flooring throughout the family room, kitchen, and dining area, augmenting its aesthetic appeal. The kitchen is fully equipped with a comprehensive appliance package. Furthermore, the property includes a laundry room furnished with almost new LG washer and dryer units. An oversized two-car garage offers substantial space for bicycles, lawn equipment, or car washing supplies. Another bonus of this property is the 20x12 shop/shed located in the backyard. This shed, featuring both a man door and a large garage door, is insulated and fully equipped with electricity. Dont miss out on this tremendous opportunity to own a truly turnkey home. There has been over $60,000 in improvements recently done to this home. There was so much to list we could not fit it all in here. PLEASE LOOK AT OUR EXTENSIVE LIST OF IMPROVEMENTS IN SUPPLEMENTS.

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