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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Van Wert at 1213 David St, Van Wert, OH, 45891 offers a 2.75% rental yield on a $286,000 purchase with $656/mo rent. 4% in year one. Equity gained on principal adds $1,846/yr while 5% annual appreciation supports $79,017 over five years. Portfolio math shows five-year ROI at 20.2% and total cumulative return in cash at $19,148. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $656/mo property income against a $1,400/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45891, Van Wert, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,012 (100%) |
| Owner Occupied HU | 4,579 (65.3%) |
| Renter Occupied HU | 1,860 (26.5%) |
| Vacant Housing Units | 573 ( 8.2%) |
| Median Home Value | $156,533 |
| Average Home Value | $189,951 |
Residential
6,672
Single Family
6,408
Multi-Family
264
Businesses
562
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jeffrey Kallas • Bee Gee Realty & Auction Company
Mls Name: WCAR OH
Mls ID: #308371
