523 Wesley Dr, Van Wert, OH, 45891 | 6.08% Rental Yield

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 Van Wert at 523 Wesley Dr, Van Wert, OH, 45891 earns from $656/mo rent with a $634/mo payment. Total monthly income totals $656/mo. ROI tracks 14.43% on current figures, and rental yield reads 6.08% at a $129,500 purchase. Equity gained on principal adds $836/yr, and 5% annual appreciation supports $35,778 over five years. Five-year ROI reaches 74.11% and total cumulative return in cash sums $31,814. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $656/mo property income instead of your personal income.

Single Family

Built in 1951

0.87 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 45891, Van Wert, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,012 (100%)
Owner Occupied HU	4,579 (65.3%)
Renter Occupied HU	1,860 (26.5%)
Vacant Housing Units	573 ( 8.2%)
Median Home Value	$156,533
Average Home Value	$189,951