259 W Elm StWauseonOH43567
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wauseon at 259 W Elm St, Wauseon, OH, 43567 at $156,000 posts ROI 36.07% with $696/mo cash flow from $1,723/mo rent. Total monthly income equals $1,723/mo, and annual cash flow records $8,357/yr on $51,714 to close. Return on cash invested measures 36.07% and rental yield reads 13.25% at the current $156,000. Equity gained on principal adds $1,007/yr, and 5% annual appreciation supports $43,100 by year five. Five-year ROI prints 190.06% and total cumulative return in cash totals $98,286.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,723/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1947
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43567, Wauseon, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
5,379
Single Family
5,240
Multi-Family
139
Businesses
438
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Listed by: Lindsey Boyers • The Danberry Co.
Mls Name: NORIS
Mls ID: #6129883
Disclaimer: Listing 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. Information is deemed reliable but not guaranteed. 2025 NORIS. All rights reserved.