118 W North StWayneOH43466
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 Wayne at 118 W North St, Wayne, OH, 43466 at $165,000 posts ROI 27.07% with $326/mo cash flow from $1,412/mo rent. Total monthly income equals $1,412/mo, and annual cash flow records $3,915/yr on $54,698 to close. Return on cash invested measures 27.07% and rental yield reads 10.27% at the current $165,000. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 by year five. Five-year ROI prints 141.81% and total cumulative return in cash totals $77,567.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,412/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43466, Wayne, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 890 (100%) |
| Owner Occupied HU | 686 (77.1%) |
| Renter Occupied HU | 165 (18.5%) |
| Vacant Housing Units | 39 ( 4.4%) |
| Median Home Value | $208,333 |
| Average Home Value | $244,989 |
Housing Distribution
Address Breakdown
Residential
593
Single Family
593
Multi-Family
0
Businesses
23
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