








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 Wakeman at 28 Clark St, Wakeman, OH, 44889 earns $274/mo cash flow from $1,688/mo rent with a $1,052/mo payment. Total monthly income totals $1,688/mo, and annual cash flow totals $3,289/yr on $71,273 capital. ROI tracks 24.52% on current figures, and rental yield reads 9.42% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 128.16% and total cumulative return in cash sums $91,345. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,688/mo property income instead of your personal income.
Single Family
Built in 1954
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44889, Wakeman, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,936 (100%) |
| Owner Occupied HU | 2,266 (77.2%) |
| Renter Occupied HU | 515 (17.5%) |
| Vacant Housing Units | 155 ( 5.3%) |
| Median Home Value | $239,086 |
| Average Home Value | $309,092 |
Residential
2,654
Single Family
2,548
Multi-Family
106
Businesses
107
Date | Event | Price |
|---|---|---|
| 2025-08-11 | Sold | $215,000 |
| 2025-07-03 | Contingent | $215,000 |
| 2025-06-04 | Listed for sale | $215,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-12 | $2105.40 | 36.12% | $55,330 | 36.25% |
| 2023-10-12 | $1546.74 | 27.34% | $40,610 | N/A |
| 2022-10-12 | $1214.64 | -2.87% | $40,610 | N/A |



Listed by: Kendra S. Clark • Plum Tree Realty
Mls Name: Firelands MLS
Mls ID: #20252042
Disclaimer: Listing information is deemed reliable, but not guaranteed.