15319 State Route 113WakemanOH44889
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 15319 State Route 113, Wakeman, OH, 44889 in Wakeman is priced for capital growth, not immediate cash flow. The $184,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $51,084 by year five, with $1,703/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
Single Family
Built in 1912
7,954 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44889, Wakeman, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,936 (100%) |
| Owner Occupied HU | 2,266 (77.2%) |
| Renter Occupied HU | 515 (17.5%) |
| Vacant Housing Units | 155 ( 5.3%) |
| Median Home Value | $239,086 |
| Average Home Value | $309,092 |
Housing Distribution
Address Breakdown
Residential
2,654
Single Family
2,548
Multi-Family
106
Businesses
107
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1912
7,954 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44889, Wakeman, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,936 (100%) |
| Owner Occupied HU | 2,266 (77.2%) |
| Renter Occupied HU | 515 (17.5%) |
| Vacant Housing Units | 155 ( 5.3%) |
| Median Home Value | $239,086 |
| Average Home Value | $309,092 |
Housing Distribution
Address Breakdown
Residential
2,654
Single Family
2,548
Multi-Family
106
Businesses
107
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices