410 Gibbs AveWapakonetaOH45895
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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 Wapakoneta at 410 Gibbs Ave, Wapakoneta, OH, 45895 with 5% annual appreciation on a $173,000 basis while $1,319/mo rent supports operations. Total monthly income totals $1,319/mo and a $847/mo payment preserves $181/mo for cash returns. Annual cash flow comes to $2,169/yr on $57,350 deployed, and return on cash invested reaches 23.69% in year one. Equity gained on principal adds $1,116/yr, and five-year appreciation sums $47,797 alongside rental yield of 9.15%. Five-year ROI measures 123.65% and total cumulative return in cash totals $70,911.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,319/mo property income versus a $847/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1947
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45895, Wapakoneta, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,701 (100%) |
| Owner Occupied HU | 5,600 (72.7%) |
| Renter Occupied HU | 1,676 (21.8%) |
| Vacant Housing Units | 425 ( 5.5%) |
| Median Home Value | $184,875 |
| Average Home Value | $216,385 |
Housing Distribution
Address Breakdown
Residential
7,523
Single Family
7,281
Multi-Family
242
Businesses
545
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Listed by: Marie Bowe • USRealty.com, LLP
Mls Name: WRIST
Mls Provider:
Mls ID: #1036144
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.