1329 Wayne RdWilmingtonOH45177
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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 Wilmington at 1329 Wayne Rd, Wilmington, OH, 45177 uses $49,725 cash to close to unlock $1,818/yr annual cash flow and $152/mo monthly cash flow. Total monthly income runs $1,138/mo, and a $734/mo payment keeps the spread at $152/mo. Purchase price stands at $150,000, and rental yield measures 9.1% with $1,138/mo rent. Return on cash invested shows 23.57% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 123.02% and total cumulative return in cash records $61,170. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,138/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1952
8,494 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45177, Wilmington, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,684 (100%) |
| Owner Occupied HU | 5,899 (60.9%) |
| Renter Occupied HU | 3,001 (31.0%) |
| Vacant Housing Units | 784 ( 8.1%) |
| Median Home Value | $233,105 |
| Average Home Value | $267,757 |
Housing Distribution
Address Breakdown
Residential
9,426
Single Family
9,067
Multi-Family
359
Businesses
906
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Listed by: Jesse Doyle • Keynote Realty
Mls Name: DABR MLS
Mls ID: #942580