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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% |
Rental property for sale in Van Wert at 1312 Rye Dr, Van Wert, OH, 45891 priced at $379,900 pairs $656/mo rent with after a $1,859/mo payment. Total monthly income equals $656/mo. Return on cash invested is 2.11% in year one, and rental yield stands at 2.07% 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 8.03% and total cumulative return in cash reaches $10,109. For financing, Ziffy Mortgage’s DSCR program evaluates $656/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
$300 annually 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 |
|---|---|---|
| 2025-07-25 | Listed for sale | $379,900 |
| 2025-06-24 | Listing removed | $379,900 |
| 2025-03-12 | Listed for sale | $379,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-27 | $19.34 | -2.32% | $290 | N/A |
| 2023-07-27 | $19.80 | -2.56% | $290 | N/A |
| 2022-07-27 | $20.32 | 1.70% | $290 | N/A |
Listed by: Amber Davis • Red Oak Realty
Mls Name: WCAR OH
Mls Provider:
Mls ID: #307787
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.
