117 Park St, Wellington, OH, 44090 | 4.24% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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117 Park St, Wellington, OH, 44090 | 4.24% 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 117 Park St, Wellington, OH, 44090 priced at $339,900 pairs $1,200/mo rent with after a $1,664/mo payment. Total monthly income equals $1,200/mo. Return on cash invested is 8.87% in year one, and rental yield stands at 4.24% on a $339,900 basis. Equity gained on principal adds $2,193/yr, and 5% annual appreciation accumulates to $93,908 by year five. Five-year ROI measures 44.16% and total cumulative return in cash reaches $49,763. For financing, Ziffy Mortgage’s DSCR program evaluates $1,200/mo property income against a $1,664/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2000

0.26 Acres lot

$N/A/sqft

No HOA

More details about the property

Home is your best destination! Welcome to your colonial country fall home! You will adore all of the lovely features, 4 bedrooms, 2.5 baths, formal dining rom, formal living rm & family rm with a cozy natural gas fireplace or can be converted back to woodburning fireplace. Family room and laundry room are on the first floor. Step off of the nice kitchen from the sliding doors to entertain guests on a large deck with a hot tub. The gas grill stays and is connected to gas for the ease of grilling delicious foods especially in the wintertime. Check out the 12x16 stick built shed with storage loft. Relax on the beautiful front porch and enjoy your privacy on this lovely fenced back yard. The spacious wonderful basement with lots of storage and battery back up sump pump is ready for all of your extra room possibilities, perhaps a hobby room, rec room, den, office, sewing room or whatever you choose. You will be amazed of the nicely sized rooms in this beauty. The added bonus is the heated two car attached garage with a work shop area. Quiet neighborhood a cul-de-sac street. No HOA. Bring your family, you'll want to park and stay awhile. Schedule your appointment today. *More photo's to be added soon*

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