








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Wapakoneta at 17956 State Route 198, Wapakoneta, OH, 45895 listed at $235,000 pairs $1,364/mo rent with a $1,150/mo payment. Total monthly income runs $1,364/mo. Return on cash invested measures 17.11% in year one, and rental yield registers 6.97% at a $235,000 basis. Equity gained on principal adds $1,516/yr, and annual property appreciation at 5% supports $64,926 by year five. Five-year ROI tracks 88.38% and total cumulative return in cash totals $68,848. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,364/mo property income relative to a $1,150/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45895, Wapakoneta, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,701 (100%) |
| Owner Occupied HU | 5,600 (72.7%) |
| Renter Occupied HU | 1,676 (21.8%) |
| Vacant Housing Units | 425 ( 5.5%) |
| Median Home Value | $184,875 |
| Average Home Value | $216,385 |
Residential
7,523
Single Family
7,281
Multi-Family
242
Businesses
545
Date | Event | Price |
|---|---|---|
| 2025-03-24 | Listed for sale | $235,000 |
| 2005-09-01 | Sold | $115,000 |
| 1985-07-01 | Sold | $52,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-26 | $1688.88 | 41.47% | $60,900 | 42.09% |
| 2022-03-26 | $1193.84 | -0.01% | $42,860 | N/A |
| 2021-03-26 | $1193.96 | -0.12% | $42,860 | N/A |



Listed by: Jeremy Huebner • Binkley Real Estate- Wapakoneta
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306562
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.