504 S Pine StWapakonetaOH45895
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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 Wapakoneta at 504 S Pine St, Wapakoneta, OH, 45895 offers $1,772/mo rent that, after a $1,065/mo payment, leaves $341/mo cash flow. Total monthly income is $1,772/mo, and annual cash flow is $4,090/yr on $72,101 cash. Return on cash invested measures 25.58% in year one, and rental yield stands at 9.78% at a $217,500 entry. Equity gained on principal adds $1,403/yr while 5% annual appreciation compounds into $60,091 by year five. Five-year ROI records 133.77% and total cumulative return in cash reaches $96,450. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,772/mo property income versus a $1,065/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45895, Wapakoneta, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,701 (100%) |
| Owner Occupied HU | 5,600 (72.7%) |
| Renter Occupied HU | 1,676 (21.8%) |
| Vacant Housing Units | 425 ( 5.5%) |
| Median Home Value | $184,875 |
| Average Home Value | $216,385 |
Housing Distribution
Address Breakdown
Residential
7,523
Single Family
7,281
Multi-Family
242
Businesses
545
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Listed by: Jeremy Huebner • Binkley Real Estate- Wapakoneta
Mls Name: WCAR OH
Mls Provider:
Mls ID: #308120
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.