45315 State Route 18WellingtonOH44090
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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 Wellington at 45315 State Route 18, Wellington, OH, 44090 generates $1,200/mo in rent and, after a $783/mo payment, leaves $148/mo in cash flow. Total monthly income is $1,200/mo, and annual cash flow is $1,774/yr on $53,007 invested. Return on cash invested sits at 23.26% in year one, and rental yield is 9.01% on a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 121.29% and total cumulative return in cash sums $64,290. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,200/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44090, Wellington, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,827 (100%) |
| Owner Occupied HU | 3,633 (75.3%) |
| Renter Occupied HU | 978 (20.3%) |
| Vacant Housing Units | 216 ( 4.5%) |
| Median Home Value | $272,917 |
| Average Home Value | $310,310 |
Housing Distribution
Address Breakdown
Residential
4,695
Single Family
4,497
Multi-Family
198
Businesses
295
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Listed by: Tammy J Nemeth • The Sweda Group, LLC.
Mls Name: MLS Now
Mls ID: #5178421