202 State StWellingtonOH44090
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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 Wellington at 202 State St, Wellington, OH, 44090 at $100,000 posts ROI 24.82% with $136/mo cash flow from $793/mo rent. Total monthly income equals $793/mo, and annual cash flow records $1,628/yr on $33,150 to close. Return on cash invested measures 24.82% and rental yield reads 9.52% at the current $100,000. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 by year five. Five-year ROI prints 129.71% and total cumulative return in cash totals $43,000.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $793/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1947
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44090, Wellington, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,827 (100%) |
| Owner Occupied HU | 3,633 (75.3%) |
| Renter Occupied HU | 978 (20.3%) |
| Vacant Housing Units | 216 ( 4.5%) |
| Median Home Value | $272,917 |
| Average Home Value | $310,310 |
Housing Distribution
Address Breakdown
Residential
4,695
Single Family
4,497
Multi-Family
198
Businesses
295
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Listed by: Paige A Landes • King Realty
Mls Name: MLS Now
Mls ID: #5132796