1312 Rye DrVan WertOH45891
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Nearby investment properties with comparable prices
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 Van Wert at 1312 Rye Dr, Van Wert, OH, 45891 priced at $379,900 pairs $2,998/mo rent with $500/mo cash flow after a $1,859/mo payment. Total monthly income equals $2,998/mo, and annual cash flow comes to $5,994/yr on $125,937 invested. Return on cash invested is 24.67% in year one, and rental yield stands at 9.47% on a $379,900 basis. Equity gained on principal adds $2,451/yr, and 5% annual appreciation accumulates to $104,959 by year five. Five-year ROI measures 128.89% and total cumulative return in cash reaches $162,317. For financing, Ziffy Mortgage’s DSCR program evaluates $2,998/mo property income against a $1,859/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A 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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