1440 Moby Ct, Van Wert, OH, 45891 | $639/mo Cash Flow

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1440 Moby Ct, Van Wert, OH, 45891 | $639/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

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

Investment property for sale in Van Wert at 1440 Moby Ct, Van Wert, OH, 45891 offers a 10.03% rental yield on a $359,000 purchase with $3,000/mo rent. Total monthly income registers $3,000/mo, and a $1,757/mo payment leaves $639/mo available for distribution. Annual cash flow reaches $7,664/yr on $119,009 to close, and return on cash invested stands at 26.35% in year one. Equity gained on principal adds $2,317/yr while 5% annual appreciation supports $99,185 over five years. Portfolio math shows five-year ROI at 137.9% and total cumulative return in cash at $164,107. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,000/mo property income against a $1,757/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2022

0.34 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 1440 Moby Ct. in Van Wert - a beautifully crafted custom built home completed in 2022. Offering 1,636 sqft of living space, this home features 3 bedrooms and 2 full baths, designed with an open concept floor plan prefect for both everyday living and entertaining. Enjoy the convenience of a 3 car garage, a relaxing patio, and a deep lot with a line of mature trees that provide privacy. With its modern design and thoughtful layout, this home is move in ready and waiting for its next owner.

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