351 E Walnut StWauseonOH43567
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wauseon at 351 E Walnut St, Wauseon, OH, 43567 at $174,900 posts ROI 31.78% with $574/mo cash flow from $1,724/mo rent. Total monthly income equals $1,724/mo, and annual cash flow records $6,883/yr on $57,979 to close. Return on cash invested measures 31.78% and rental yield reads 11.83% at the current $174,900. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,322 by year five. Five-year ROI prints 167.02% and total cumulative return in cash totals $96,840.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,724/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43567, Wauseon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,624 (100%) |
| Owner Occupied HU | 4,032 (71.7%) |
| Renter Occupied HU | 1,351 (24.0%) |
| Vacant Housing Units | 241 ( 4.3%) |
| Median Home Value | $207,676 |
| Average Home Value | $230,472 |
Housing Distribution
Address Breakdown
Residential
5,379
Single Family
5,240
Multi-Family
139
Businesses
438
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