600 N Walnut StVan WertOH45891
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 Van Wert at 600 N Walnut St, Van Wert, OH, 45891 priced at $141,700 pairs $1,259/mo rent with $326/mo cash flow after a $694/mo payment. Total monthly income equals $1,259/mo, and annual cash flow comes to $3,918/yr on $46,974 invested. Return on cash invested is 28.25% in year one, and rental yield stands at 10.66% on a $141,700 basis. Equity gained on principal adds $914/yr, and 5% annual appreciation accumulates to $39,149 by year five. Five-year ROI measures 148.15% and total cumulative return in cash reaches $69,592. For financing, Ziffy Mortgage’s DSCR program evaluates $1,259/mo property income against a $694/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
7,840 sqft lot
$N/A/sqft
No HOA
More details about the property
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 |
Housing Distribution
Address Breakdown
Residential
6,672
Single Family
6,408
Multi-Family
264
Businesses
562
Price History
Date | Event | Price |
|---|---|---|
| 2025-04-26 | Listed for sale | $141,700 |
| 2020-04-14 | Sold | $89,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1900
- Architectural Style: N/A
- Building Area: 1,348
- Living Area: 1,348 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- Flooring: Carpet, Hardwood, Tile
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Garage Door Opener, Detached, Garage
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
- Sewer: Private Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Chester Straley • Straley Realty & Auctioneers- Van Wert
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306865
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.