316 9th StWellsvilleOH43968
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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
Investment Highlights
Investment property for sale in Wellsville at 316 9th St, Wellsville, OH, 43968 uses $49,725 cash to close to unlock $3,090/yr annual cash flow and $258/mo monthly cash flow. Total monthly income runs $1,244/mo, and a $734/mo payment keeps the spread at $258/mo. Purchase price stands at $150,000, and rental yield measures 9.95% with $1,244/mo rent. Return on cash invested shows 26.12% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 136.75% and total cumulative return in cash records $67,998. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,244/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1900
2,831 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43968, Wellsville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,013 (100%) |
| Owner Occupied HU | 1,852 (61.5%) |
| Renter Occupied HU | 740 (24.6%) |
| Vacant Housing Units | 421 (14.0%) |
| Median Home Value | $104,167 |
| Average Home Value | $150,099 |
Housing Distribution
Address Breakdown
Residential
2,879
Single Family
2,817
Multi-Family
62
Businesses
129
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