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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Wauseon at 227 Wabash St, Wauseon, OH, 43567 priced at $100,000 converts $781/mo rent into $124/mo cash flow after a $489/mo obligation. Total monthly income equals $781/mo, and annual cash flow totals $1,484/yr on $33,150 invested. Return on cash invested prints 24.39% in year one, and rental yield reads 9.37% against a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation compiles into $27,628 by year five. Five-year ROI reaches 127.4% and total cumulative return in cash sums $42,232. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $781/mo property income covering a $489/mo payment, not borrower’s personal income.
Single Family
Built in 1900
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 43567, Wauseon, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,624 (100%) |
| Owner Occupied HU | 4,032 (71.7%) |
| Renter Occupied HU | 1,351 (24.0%) |
| Vacant Housing Units | 241 ( 4.3%) |
| Median Home Value | $207,676 |
| Average Home Value | $230,472 |
Residential
5,379
Single Family
5,240
Multi-Family
139
Businesses
438
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Robert Shiels • The Danberry Co
Mls Name: NORIS
Mls ID: #6135230
