12242 Dustman RdVan WertOH45891
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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 Van Wert at 12242 Dustman Rd, Van Wert, OH, 45891 offers a 1.85% rental yield on a $424,900 purchase with $656/mo rent. 99% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,392 over five years. Portfolio math shows five-year ROI at 2.17% and total cumulative return in cash at $3,057. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $656/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
1.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45891, Van Wert, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
6,672
Single Family
6,408
Multi-Family
264
Businesses
562
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Listed by: Jane Germann • Straley Realty & Auctioneers- Van Wert
Mls Name: WCAR OH
Mls Provider:
Mls ID: #307518
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.