12904 Butler Rd, Wakeman, OH, 44889 | 7.68% Rental Yield

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NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,144/mo, and a $1,640/mo payment. Purchase price stands at $335,000, and rental yield measures 7.68% with $2,144/mo rent. Return on cash invested shows 19.26% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 99.92% and total cumulative return in cash records $110,960. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,144/mo property income covering a $1,640/mo payment rather than investor’s personal income.

Single Family

Built in 1979

1.54 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 44889, Wakeman, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,936 (100%)
Owner Occupied HU	2,266 (77.2%)
Renter Occupied HU	515 (17.5%)
Vacant Housing Units	155 ( 5.3%)
Median Home Value	$239,086
Average Home Value	$309,092