4744 Mercer Van Wert County Line RdRockfordOH45882
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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 Rockford at 4744 Mercer Van Wert County Line Rd, Rockford, OH, 45882 generates $2,113/mo in rent and, after a $1,076/mo payment, leaves $667/mo in cash flow. Total monthly income is $2,113/mo, and annual cash flow is $8,002/yr on $72,897 invested. Return on cash invested sits at 30.89% in year one, and rental yield is 11.53% on a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 162.22% and total cumulative return in cash sums $118,252. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,113/mo property income rather than buyer’s personal income.
Single Family
Built in 1876
2.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45882, Rockford, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,192 (100%) |
| Owner Occupied HU | 939 (78.8%) |
| Renter Occupied HU | 183 (15.4%) |
| Vacant Housing Units | 70 ( 5.9%) |
| Median Home Value | $170,711 |
| Average Home Value | $203,206 |
Housing Distribution
Address Breakdown
Residential
1,111
Single Family
1,090
Multi-Family
21
Businesses
68
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Listed by: Chester Straley • Straley Realty & Auctioneers- Van Wert
Mls Name: WCAR OH
Mls Provider:
Mls ID: #307313
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