120 N State Route 49WrenOH45874
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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 Wren at 120 N State Route 49, Wren, OH, 45874 generates $1,315/mo in rent and, after a $661/mo payment, leaves $427/mo in cash flow. Total monthly income is $1,315/mo, and annual cash flow is $5,121/yr on $44,753 invested. Return on cash invested sits at 31.35% in year one, and rental yield is 11.69% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 164.75% and total cumulative return in cash sums $73,729. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,315/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45874, Ohio City, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 928 (100%) |
| Owner Occupied HU | 737 (79.4%) |
| Renter Occupied HU | 118 (12.7%) |
| Vacant Housing Units | 73 ( 7.9%) |
| Median Home Value | $156,105 |
| Average Home Value | $183,009 |
Housing Distribution
Address Breakdown
Residential
800
Single Family
800
Multi-Family
0
Businesses
24
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