437 N Main StWaynesvilleOH45068
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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 Waynesville at 437 N Main St, Waynesville, OH, 45068 offers $2,252/mo rent that, after a $1,321/mo payment, leaves $477/mo cash flow. Total monthly income is $2,252/mo, and annual cash flow is $5,720/yr on $89,472 cash. Return on cash invested measures 26.3% in year one, and rental yield stands at 10.01% at a $269,900 entry. Equity gained on principal adds $1,742/yr while 5% annual appreciation compounds into $74,568 by year five. Five-year ROI records 137.64% and total cumulative return in cash reaches $123,150. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,252/mo property income versus a $1,321/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45068, Waynesville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,961 (100%) |
| Owner Occupied HU | 4,139 (83.4%) |
| Renter Occupied HU | 662 (13.3%) |
| Vacant Housing Units | 160 ( 3.2%) |
| Median Home Value | $416,642 |
| Average Home Value | $472,420 |
Housing Distribution
Address Breakdown
Residential
4,361
Single Family
4,311
Multi-Family
50
Businesses
240
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Listed by: Jamie Gabbard • Comey & Shepherd REALTORS
Mls Name: DABR MLS
Mls ID: #944115