231 Deepwood DrWadsworthOH44281
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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 Wadsworth at 231 Deepwood Dr, Wadsworth, OH, 44281 uses $58,013 cash to close to unlock $2,153/yr annual cash flow and $179/mo monthly cash flow. Total monthly income runs $1,331/mo, and a $857/mo payment keeps the spread at $179/mo. Purchase price stands at $175,000, and rental yield measures 9.13% with $1,331/mo rent. Return on cash invested shows 23.62% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 123.32% and total cumulative return in cash records $71,539. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,331/mo property income covering a $857/mo payment rather than investor’s personal income.
Condo
Built in 1974
1,062 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44281, Wadsworth, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,426 (100%) |
| Owner Occupied HU | 10,469 (72.6%) |
| Renter Occupied HU | 3,320 (23.0%) |
| Vacant Housing Units | 637 ( 4.4%) |
| Median Home Value | $296,453 |
| Average Home Value | $343,826 |
Housing Distribution
Address Breakdown
Residential
13,897
Single Family
12,859
Multi-Family
1,038
Businesses
668
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