13999 Wooster RdMount VernonOH43050
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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
Rental property for sale in Mount Vernon at 13999 Wooster Rd, Mount Vernon, OH, 43050 generates $989/mo in rent and, after a $636/mo payment, leaves $134/mo in cash flow. Total monthly income is $989/mo, and annual cash flow is $1,610/yr on $43,095 invested. Return on cash invested sits at 23.64% in year one, and rental yield is 9.13% on a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 123.5% and total cumulative return in cash sums $53,223. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $989/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43050, Mount Vernon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,103 (100%) |
| Owner Occupied HU | 7,989 (61.0%) |
| Renter Occupied HU | 4,090 (31.2%) |
| Vacant Housing Units | 1,024 ( 7.8%) |
| Median Home Value | $218,132 |
| Average Home Value | $263,580 |
Housing Distribution
Address Breakdown
Residential
12,305
Single Family
11,517
Multi-Family
788
Businesses
1,007
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Listed by: Thom Collier • e-Merge Real Estate Champions
Mls Name: KCBR
Mls ID: #20250594