224 E A StWellstonOH45692
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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
Investment property for sale in Wellston at 224 E A St, Wellston, OH, 45692 offers a 10.74% rental yield on a $239,900 purchase with $2,148/mo rent. Total monthly income registers $2,148/mo, and a $1,174/mo payment leaves $570/mo available for distribution. Annual cash flow reaches $6,842/yr on $79,527 to close, and return on cash invested stands at 28.51% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 149.54% and total cumulative return in cash at $118,927. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,148/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
7,187 sqft 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
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