222 Union 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 222 Union St, Wellington, OH, 44090 uses $56,024 cash to close to unlock $1,062/yr annual cash flow and $89/mo monthly cash flow. Total monthly income runs $1,200/mo, and a $827/mo payment keeps the spread at $89/mo. Purchase price stands at $169,000, and rental yield measures 8.52% with $1,200/mo rent. Return on cash invested shows 21.8% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 113.54% and total cumulative return in cash records $63,607. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,200/mo property income covering a $827/mo payment rather than investor’s personal income.
Single Family
Built in 1928
0.25 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: Rich Ganim • Real of Ohio
Mls Name: MLS Now
Mls ID: #5181092