413 Tulip DrWapakonetaOH45895
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 Wapakoneta at 413 Tulip Dr, Wapakoneta, OH, 45895 earns $158/mo cash flow from $1,901/mo rent with a $1,297/mo payment. Total monthly income totals $1,901/mo, and annual cash flow totals $1,895/yr on $87,848 capital. ROI tracks 22.07% on current figures, and rental yield reads 8.61% at a $265,000 purchase. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 over five years. Five-year ROI reaches 114.91% and total cumulative return in cash sums $100,947. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,901/mo property income instead of your personal income.
Single Family
Built in 1969
0.65 Acres 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: Shaun Richardson • EXP Realty-Dublin
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306769
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. Information is deemed reliable but not guaranteed.