473 E DameWauseonOH43567
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
Rental property for sale in Wauseon at 473 E Dame, Wauseon, OH, 43567 priced at $399,000 converts $2,536/mo rent into after a $1,953/mo obligation. Total monthly income equals $2,536/mo. Return on cash invested prints 19.1% in year one, and rental yield reads 7.63% against a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation compiles into $110,236 by year five. Five-year ROI reaches 99.06% and total cumulative return in cash sums $131,030. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,536/mo property income covering a $1,953/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43567, Wauseon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,624 (100%) |
| Owner Occupied HU | 4,032 (71.7%) |
| Renter Occupied HU | 1,351 (24.0%) |
| Vacant Housing Units | 241 ( 4.3%) |
| Median Home Value | $207,676 |
| Average Home Value | $230,472 |
Housing Distribution
Address Breakdown
Residential
5,379
Single Family
5,240
Multi-Family
139
Businesses
438
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices