3459 Burbank RdWoosterOH44691
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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
Rental property for sale in Wooster at 3459 Burbank Rd, Wooster, OH, 44691 generates $2,220/mo in rent and, after a $1,184/mo payment, leaves $629/mo in cash flow. Total monthly income is $2,220/mo, and annual cash flow is $7,544/yr on $80,223 invested. Return on cash invested sits at 29.31% in year one, and rental yield is 11.01% on a $242,000 entry. Equity gained on principal adds $1,562/yr, while 5% annual appreciation builds toward $66,860 over five years. Five-year ROI reaches 153.79% and total cumulative return in cash sums $123,378. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,220/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44691, Wooster, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,191 (100%) |
| Owner Occupied HU | 12,097 (63.0%) |
| Renter Occupied HU | 5,925 (30.9%) |
| Vacant Housing Units | 1,169 ( 6.1%) |
| Median Home Value | $253,694 |
| Average Home Value | $291,966 |
Housing Distribution
Address Breakdown
Residential
18,463
Single Family
17,071
Multi-Family
1,392
Businesses
1,629
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