203 Cedar StWellstonOH45692
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wellston at 203 Cedar St, Wellston, OH, 45692 generates $2,065/mo in rent and, after a $599/mo payment, leaves $1,260/mo in cash flow. Total monthly income is $2,065/mo, and annual cash flow is $15,122/yr on $40,542 invested. Return on cash invested sits at 57.21% in year one, and rental yield is 20.26% on a $122,300 entry. Equity gained on principal adds $789/yr, while 5% annual appreciation builds toward $33,789 over five years. Five-year ROI reaches 303.5% and total cumulative return in cash sums $123,045. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,065/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
1.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45692, Wellston, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,798 (100%) |
| Owner Occupied HU | 2,386 (62.8%) |
| Renter Occupied HU | 1,024 (27.0%) |
| Vacant Housing Units | 388 (10.2%) |
| Median Home Value | $138,780 |
| Average Home Value | $170,357 |
Housing Distribution
Address Breakdown
Residential
3,679
Single Family
3,533
Multi-Family
146
Businesses
206
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph Holbrook • ERA Martin & Associates Jackson
Mls Name: Scioto Valley AOR
Mls Provider:
Mls ID: #188153
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.