398 Number 8 PikeWellstonOH45692
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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 Wellston at 398 Number 8 Pike, Wellston, OH, 45692 offers a 11.08% rental yield on a $259,900 purchase with $2,400/mo rent. Total monthly income registers $2,400/mo, and a $1,272/mo payment leaves $691/mo available for distribution. Annual cash flow reaches $8,286/yr on $86,157 to close, and return on cash invested stands at 29.53% in year one. Equity gained on principal adds $1,677/yr while 5% annual appreciation supports $71,806 over five years. Portfolio math shows five-year ROI at 154.95% and total cumulative return in cash at $133,498. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
1.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45692, Wellston, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,798 (100%) |
| Owner Occupied HU | 2,386 (62.8%) |
| Renter Occupied HU | 1,024 (27.0%) |
| Vacant Housing Units | 388 (10.2%) |
| Median Home Value | $138,780 |
| Average Home Value | $170,357 |
Housing Distribution
Address Breakdown
Residential
3,679
Single Family
3,533
Multi-Family
146
Businesses
206
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