2330 Schellin Rd, Wooster, OH, 44691 | $748/mo Cash Flow

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2330 Schellin Rd, Wooster, OH, 44691 | $748/mo Cash Flow | Ziffy

Pending

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Wooster at 2330 Schellin Rd, Wooster, OH, 44691 offers a 13.51% rental yield on a $159,900 purchase with $1,800/mo rent. Total monthly income registers $1,800/mo, and a $783/mo payment leaves $748/mo available for distribution. Annual cash flow reaches $8,974/yr on $53,007 to close, and return on cash invested stands at 36.84% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 194.16% and total cumulative return in cash at $102,918. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,800/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1976

0.44 Acres lot

$N/A/sqft

No HOA

More details about the property

Are you ready to make the home of your dreams? You need to see this 3 bedroom ranch that backs up to field. Mature trees, attached 2 car garage on almost a have acre that is close to all that Wooster has to offer. Come in the front door to a large living room with coat closet. Pass on into the kitchen with dining space. A connected half bath from dining to Main bedroom. All 3 bedrooms have good size closets and lots of light. Down stairs offers a previously finished rooms to the right and to the left lots of room for storage and the utilities. This home is just waiting for your renovation dreams to bring it back to life. Sold As-Is. Don't wait, make your appointment today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 44691, Wooster, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	19,191 (100%)
Owner Occupied HU	12,097 (63.0%)
Renter Occupied HU	5,925 (30.9%)
Vacant Housing Units	1,169 ( 6.1%)
Median Home Value	$253,694
Average Home Value	$291,966