170 N Wall StWilmingtonOH45177
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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 Wilmington at 170 N Wall St, Wilmington, OH, 45177 priced at $134,900 converts $1,316/mo rent into $429/mo cash flow after a $660/mo obligation. Total monthly income equals $1,316/mo, and annual cash flow totals $5,147/yr on $44,719 invested. Return on cash invested prints 31.42% in year one, and rental yield reads 11.71% against a $134,900 entry. Equity gained on principal adds $870/yr, while 5% annual appreciation compiles into $37,270 by year five. Five-year ROI reaches 165.07% and total cumulative return in cash sums $73,817. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,316/mo property income covering a $660/mo payment, not borrower’s personal income.
Single Family
Built in N/A
7,405 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: Richard Shriver • Richard Shriver's "Gold" Realty & Auction Company
Mls Name: My State MLS
Mls ID: #11610616