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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% |
Investment property for sale in Wooster at 2416 W Smithville Western Rd, Wooster, OH, 44691 offers a 12.71% rental yield on a $136,000 purchase with $1,440/mo rent. Total monthly income registers $1,440/mo, and a $666/mo payment leaves $545/mo available for distribution. Annual cash flow reaches $6,541/yr on $45,084 to close, and return on cash invested stands at 34.42% in year one. Equity gained on principal adds $878/yr while 5% annual appreciation supports $37,574 over five years. Portfolio math shows five-year ROI at 181.27% and total cumulative return in cash at $81,722. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,440/mo property income against a $666/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44691, Wooster, OH area.
| 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 |
Residential
18,463
Single Family
17,071
Multi-Family
1,392
Businesses
1,629
Date | Event | Price |
|---|---|---|
| 2025-08-21 | Sold | $136,000 |
| 2025-07-08 | Contingent | $139,900 |
| 2025-06-20 | Listed for sale | $139,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-03 | $1611.76 | 0.06% | $36,280 | N/A |
| 2023-11-03 | $1610.86 | 13.41% | $36,280 | 41.94% |
| 2022-11-03 | $1420.36 | -2.89% | $25,560 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
