160 Chelley LnWadsworthOH44281
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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 Wadsworth at 160 Chelley Ln, Wadsworth, OH, 44281 offers $3,252/mo rent that, after a $2,222/mo payment, leaves $232/mo cash flow. Total monthly income is $3,252/mo, and annual cash flow is $2,788/yr on $150,521 cash. Return on cash invested measures 21.76% in year one, and rental yield stands at 8.59% at a $454,060 entry. Equity gained on principal adds $2,930/yr while 5% annual appreciation compounds into $125,448 by year five. Five-year ROI records 113.4% and total cumulative return in cash reaches $170,696. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,252/mo property income versus a $2,222/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.30 Acres lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44281, Wadsworth, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,426 (100%) |
| Owner Occupied HU | 10,469 (72.6%) |
| Renter Occupied HU | 3,320 (23.0%) |
| Vacant Housing Units | 637 ( 4.4%) |
| Median Home Value | $296,453 |
| Average Home Value | $343,826 |
Housing Distribution
Address Breakdown
Residential
13,897
Single Family
12,859
Multi-Family
1,038
Businesses
668
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