518 E 7th StWellstonOH45692
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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
Investment property for sale in Wellston at 518 E 7th St, Wellston, OH, 45692 listed at $169,900 pairs $1,399/mo rent with a $832/mo payment to leave $281/mo cash flow. Total monthly income runs $1,399/mo, and annual cash flow reaches $3,372/yr on $56,322 cash to close. Return on cash invested measures 25.9% in year one, and rental yield registers 9.88% at a $169,900 basis. Equity gained on principal adds $1,096/yr, and annual property appreciation at 5% supports $46,940 by year five. Five-year ROI tracks 135.45% and total cumulative return in cash totals $76,286. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,399/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1870
8,507 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45692, Wellston, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,798 (100%) |
| Owner Occupied HU | 2,386 (62.8%) |
| Renter Occupied HU | 1,024 (27.0%) |
| Vacant Housing Units | 388 (10.2%) |
| Median Home Value | $138,780 |
| Average Home Value | $170,357 |
Housing Distribution
Address Breakdown
Residential
3,679
Single Family
3,533
Multi-Family
146
Businesses
206
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Listed by: Walter Norris, Jr. • ERA Martin & Associates (WL)
Mls Name: Scioto Valley AOR
Mls Provider:
Mls ID: #197670
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