4639 W Old Lincoln Way, Wooster, OH, 44691 | $160/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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4639 W Old Lincoln Way, Wooster, OH, 44691 | $160/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Wooster at 4639 W Old Lincoln Way, Wooster, OH, 44691 listed at $165,000 pairs $1,246/mo rent with a $808/mo payment to leave $160/mo cash flow. Total monthly income runs $1,246/mo, and annual cash flow reaches $1,923/yr on $54,698 cash to close. Return on cash invested measures 23.42% in year one, and rental yield registers 9.06% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 122.29% and total cumulative return in cash totals $66,887. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,246/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1910

0.50 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this charming 3-bedroom, 1-bath property offering the perfect blend of modern style and country charm. Step inside to find an inviting open-concept layout featuring a modern farmhouse kitchen and dining area with a chefs dream island, perfect for cooking and entertaining. The kitchen includes all stainless steel appliances, with a brand-new dishwasher for added convenience. The cozy living room features brand-new carpet, creating a comfortable space to relax. The updated full bath and first-floor laundry (washer and dryer stay!) add extra functionality and ease of living. Upstairs, youll find all three bedrooms the spacious master and second bedroom feature stunning hardwood floors, while the third bedroom offers new carpet for a fresh, cozy touch. Outside, enjoy peaceful country living on your half-acre lot, complete with a back deck ideal for morning coffee or evening gatherings. A detached garage and shed provide plenty of space for your car, tools, and toys. Conveniently located just minutes from Route 30, this home offers easy access to town while still giving you that quiet country feel. Bring your finishing touches and make this house your home!

Neighborhood Data

Neighborhood data shown for ZIP Code: 44691, Wooster, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	19,191 (100%)
Owner Occupied HU	12,097 (63.0%)
Renter Occupied HU	5,925 (30.9%)
Vacant Housing Units	1,169 ( 6.1%)
Median Home Value	$253,694
Average Home Value	$291,966