17988 Road 156PauldingOH45879
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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
Investment property for sale in Paulding at 17988 Road 156, Paulding, OH, 45879 offers a 7.77% rental yield on a $389,000 purchase with $2,518/mo rent. 53% in year one. Equity gained on principal adds $2,510/yr while 5% annual appreciation supports $107,474 over five years. Portfolio math shows five-year ROI at 101.33% and total cumulative return in cash at $130,674. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,518/mo property income against a $1,904/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
3 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 45879, Paulding, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,713 (100%) |
| Owner Occupied HU | 1,749 (64.5%) |
| Renter Occupied HU | 690 (25.4%) |
| Vacant Housing Units | 274 (10.1%) |
| Median Home Value | $150,631 |
| Average Home Value | $198,675 |
Housing Distribution
Address Breakdown
Residential
2,595
Single Family
2,576
Multi-Family
19
Businesses
271
Price History
Date | Event | Price |
|---|---|---|
| 2025-07-04 | Listed for sale | $389,000 |
| 2025-06-08 | Listing removed | $409,000 |
| 2025-05-20 | Price change | $409,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-07-07 | $2378.54 | 0.57% | $74,550 | N/A |
| 2022-07-07 | $2365.12 | 14.72% | $74,550 | 24.92% |
| 2021-07-07 | $2061.62 | -2.40% | $59,680 | 1.24% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1978
- Architectural Style: Two Story
- Building Area: N/A
- Living Area: 2,877 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Electric, Heat Pump, Radiant
- Cooling: Central Air
- Flooring: N/A
- Interior Features: Bathtub, Electric Range Connection, Bath in Primary Bedroom, Separate Shower
- Exterior Features: Propane Tank - Owned
- Parking Features: Attached, Concrete, Driveway, Garage
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Septic Tank
- Water Source: Pond
- Road Surface Type: N/A
School Information
- Elementary School: Oakwood
- Middle School: N/A
- High School: Paulding
Listed by: Dustin Stoller • Stoller Real Estate & Land LLC
Mls Name: NORIS
Mls ID: #6132320
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. 2025 NORIS. All rights reserved.