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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Van Wert at 4494 Us Highway 224, Van Wert, OH, 45891 earns from $656/mo rent with a $1,566/mo payment. Total monthly income totals $656/mo. ROI tracks 3.52% on current figures, and rental yield reads 2.46% at a $319,900 purchase. Equity gained on principal adds $2,064/yr, and 5% annual appreciation supports $88,382 over five years. Five-year ROI reaches 15.48% and total cumulative return in cash sums $16,412. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $656/mo property income instead of your personal income.
Single Family
Built in 1911
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45891, Van Wert, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,012 (100%) |
| Owner Occupied HU | 4,579 (65.3%) |
| Renter Occupied HU | 1,860 (26.5%) |
| Vacant Housing Units | 573 ( 8.2%) |
| Median Home Value | $156,533 |
| Average Home Value | $189,951 |
Residential
6,672
Single Family
6,408
Multi-Family
264
Businesses
562
Date | Event | Price |
|---|---|---|
| 2024-09-06 | Listed for sale | $319,900 |
| 2023-07-19 | Sold | $281,000 |
| 2023-05-15 | Contingent | $269,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-14 | $4573.28 | 44.56% | $78,040 | 40.61% |
| 2022-09-14 | $3163.50 | N/A | $55,500 | N/A |
| 2021-09-14 | $3163.50 | N/A | $55,500 | N/A |
Listed by: William Priest • Straley Realty & Auctioneers- Van Wert
Mls Name: WCAR OH
Mls Provider:
Mls ID: #305048
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.
