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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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No similar rental properties found nearby.
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 Wakeman at 3022 Chenango Rd, Wakeman, OH, 44889 offers $0/mo rent that, after a $1,517/mo payment. Total monthly income is $0/mo. Return on cash invested measures -3.9% in year one, and rental yield stands at 0% at a $310,000 entry. Equity gained on principal adds $2,000/yr while 5% annual appreciation compounds into $85,647 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $1,517/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1865
2.02 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 |
|---|---|---|
| 2024-07-10 | Listed for sale | $310,000 |
| 2023-01-02 | Listing removed | N/A |
| 2022-12-20 | Listed for rent | $1,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $1240.50 | -0.08% | $32,940 | N/A |
| 2022-10-16 | $1241.48 | -2.96% | $32,940 | N/A |
| 2021-10-16 | $1279.32 | 5.96% | $32,940 | 11.13% |
No similar rental properties found nearby.
Listed by: Denise M Rakich • Russell Real Estate Services
Mls Name: MLS Now
Mls Provider:
Mls ID: #5052756
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2024 - Multiple Listing Service, Inc. All Rights Reserved.
