11309 Dull Robinson RdVan WertOH45891
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Van Wert at 11309 Dull Robinson Rd, Van Wert, OH, 45891 uses $74,588 cash to close to unlock $1,431/yr annual cash flow and $119/mo monthly cash flow. Total monthly income runs $1,599/mo, and a $1,101/mo payment keeps the spread at $119/mo. Purchase price stands at $225,000, and rental yield measures 8.53% with $1,599/mo rent. Return on cash invested shows 21.83% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 113.69% and total cumulative return in cash records $84,801. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,599/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1969
0.84 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 45891, Van Wert, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
6,672
Single Family
6,408
Multi-Family
264
Businesses
562
Price History
Date | Event | Price |
|---|---|---|
| 2025-06-25 | Listed for sale | $225,000 |
| 2022-10-21 | Sold | $385,000 |
| 2022-09-14 | Sold | $165,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-26 | $2973.24 | 27.21% | $43,310 | 29.71% |
| 2022-06-26 | $2337.30 | 1.67% | $33,390 | N/A |
| 2021-06-26 | $2298.90 | N/A | $33,390 | N/A |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1969
- Architectural Style: Ranch
- Building Area: 1,104
- Living Area: 1,104 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air, Heat Pump, Electric
- Cooling: Central Air
- Flooring: Carpet, Laminate, Wood
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Garage Door Opener, Parking Pad
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Electricity Connected, Water Connected
- Sewer: Septic Tank
- Water Source: Well
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Karl (Joe) Bagley • Straley Realty & Auctioneers- Van Wert
Mls Name: WCAR OH
Mls Provider:
Mls ID: #307505
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.