115 Main StOakwoodOH45873
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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 Oakwood at 115 Main St, Oakwood, OH, 45873 priced at $112,475 converts $0/mo rent into after a $551/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -3.92% in year one, and rental yield reads 0% against a $112,475 entry. Equity gained on principal adds $726/yr, while 5% annual appreciation compiles into $31,075 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $551/mo payment, not borrower’s personal income.
Single Family
Built in 1850
N/A lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 45873, Oakwood, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,184 (100%) |
| Owner Occupied HU | 816 (68.9%) |
| Renter Occupied HU | 173 (14.6%) |
| Vacant Housing Units | 195 (16.5%) |
| Median Home Value | $156,410 |
| Average Home Value | $222,488 |
Housing Distribution
Address Breakdown
Residential
851
Single Family
851
Multi-Family
0
Businesses
35
Price History
Date | Event | Price |
|---|---|---|
| 2024-11-22 | Listed for sale | $112,475 |
| 2010-08-16 | Sold | $13,500 |
| 2009-12-28 | Sold | $22,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-08 | $839.32 | 10.75% | $16,950 | N/A |
| 2022-01-08 | $757.82 | 9.64% | $16,950 | 19.53% |
| 2021-01-08 | $691.18 | -2.43% | $14,180 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1850
- Architectural Style: N/A
- Building Area: 1,225
- Living Area: 1,225 sqft
- Property Condition: Updated/Remodeled
Features & Amenities
- Heating: Forced Air, Natural Gas
- Cooling: Window Unit(s)
- Flooring: Carpet, Vinyl
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Garage Door Opener, Detached, Garage
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: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Chester Straley • Straley Realty & Auctioneers- Van Wert
Mls Name: WCAR OH
Mls Provider:
Mls ID: #305733
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