121 West StWellingtonOH44090
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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
Investment property for sale in Wellington at 121 West St, Wellington, OH, 44090 offers a 7.2% rental yield on a $199,999 purchase with $1,200/mo rent. 82% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 92.16% and total cumulative return in cash at $61,100. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,200/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
0.50 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
4,695
Single Family
4,497
Multi-Family
198
Businesses
295
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Listed by: Lary A Jameyson • King Realty
Mls Name: MLS Now
Mls ID: #5181578