300 S State St, Wellington, OH, 44090 | $183/mo Cash Flow

For Sale

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 Wellington at 300 S State St, Wellington, OH, 44090 uses $59,670 cash to close to unlock $2,196/yr annual cash flow and $183/mo monthly cash flow. Total monthly income runs $1,367/mo, and a $881/mo payment keeps the spread at $183/mo. Purchase price stands at $180,000, and rental yield measures 9.11% with $1,367/mo rent. Return on cash invested shows 23.59% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 123.08% and total cumulative return in cash records $73,445. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,367/mo property income covering a $881/mo payment rather than investor’s personal income.

Single Family

Built in 1900

0.51 Acres lot

$N/A/sqft

No HOA

More details about the property

Don't miss the opportunity to call this beautiful, historical home yours! Built in 1900. this home boasts so much character. Before you enter the home, you will find an enclosed porch with a swing. When you enter you will find a large living room with a huge picture window surrounded by built-in shelves and a woodburning fireplace. Next you will find beautiful real wood walls with built-ins cabinets in the dining room. This home also features 3 large bedrooms, first floor laundry, remodeled bathroom's, tons of natural lighting, a 2.5 car garage with a covered breezeway to the house. Downstairs has plenty of room for storage. The furnace, roof, upstairs windows and electrical were replaced in 2020. Soffits and gutters replaced in 2025. The half-acre yard perfect for entertaining and gardening. Schedule your private showing today.... The possibilities are endless.

Neighborhood Data

Neighborhood data shown for ZIP Code: 44090, Wellington, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,827 (100%)
Owner Occupied HU	3,633 (75.3%)
Renter Occupied HU	978 (20.3%)
Vacant Housing Units	216 ( 4.5%)
Median Home Value	$272,917
Average Home Value	$310,310