20 Wells StDelawareOH43015
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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 Delaware at 20 Wells St, Delaware, OH, 43015 uses $38,089 cash to close to unlock $1,627/yr annual cash flow and $136/mo monthly cash flow. Total monthly income runs $891/mo, and a $562/mo payment keeps the spread at $136/mo. Purchase price stands at $114,900, and rental yield measures 9.31% with $891/mo rent. Return on cash invested shows 24.18% in year one, and 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 126.28% and total cumulative return in cash records $48,098. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $891/mo property income covering a $562/mo payment rather than investor’s personal income.
Single Family
Built in 1952
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43015, Delaware, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,743 (100%) |
| Owner Occupied HU | 17,018 (66.1%) |
| Renter Occupied HU | 6,967 (27.1%) |
| Vacant Housing Units | 1,758 ( 6.8%) |
| Median Home Value | $389,232 |
| Average Home Value | $441,134 |
Housing Distribution
Address Breakdown
Residential
25,420
Single Family
24,479
Multi-Family
941
Businesses
1,396
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