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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 Russells Point at 253 Wilgus Dr, Russells Point, OH, 43348 offers $2,083/mo rent that, after a $1,346/mo payment, leaves $275/mo cash flow. Total monthly income is $2,083/mo, and annual cash flow is $3,303/yr on $91,129 cash. Return on cash invested measures 23.53% in year one, and rental yield stands at 9.09% at a $274,900 entry. Equity gained on principal adds $1,774/yr while 5% annual appreciation compounds into $75,950 by year five. Five-year ROI records 122.81% and total cumulative return in cash reaches $111,915. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,083/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 43348, Russells Point, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,487 (100%) |
| Owner Occupied HU | 544 (36.6%) |
| Renter Occupied HU | 261 (17.6%) |
| Vacant Housing Units | 682 (45.9%) |
| Median Home Value | $218,750 |
| Average Home Value | $284,223 |
Residential
1,039
Single Family
1,036
Multi-Family
3
Businesses
122
Date | Event | Price |
|---|---|---|
| 2024-11-18 | Price change | $274,900 |
| 2024-09-25 | Price change | $279,900 |
| 2024-09-09 | Listed for sale | $294,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-08 | $2248.24 | -7.15% | $55,380 | N/A |
| 2022-01-08 | $2421.28 | 5.63% | $55,380 | 22.58% |
| 2021-01-08 | $2292.12 | 9.28% | $45,180 | 10.22% |
Listed by: Chad Carey • Zimmerman Realty, Ltd.
Mls Name: WRIST
Mls Provider:
Mls ID: #1034250
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
