602 W John StMaumeeOH43537
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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 Maumee at 602 W John St, Maumee, OH, 43537 with 5% annual appreciation on a $260,000 basis while $1,878/mo rent supports operations. Total monthly income totals $1,878/mo and a $1,273/mo payment preserves $167/mo for cash returns. Annual cash flow comes to $2,008/yr on $86,190 deployed, and return on cash invested reaches 22.24% in year one. Equity gained on principal adds $1,678/yr, and five-year appreciation sums $71,833 alongside rental yield of 8.67%. Five-year ROI measures 115.89% and total cumulative return in cash totals $99,881.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,878/mo property income versus a $1,273/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1928
6,795 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43537, Maumee, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,138 (100%) |
| Owner Occupied HU | 9,268 (70.5%) |
| Renter Occupied HU | 3,309 (25.2%) |
| Vacant Housing Units | 561 ( 4.3%) |
| Median Home Value | $246,509 |
| Average Home Value | $287,671 |
Housing Distribution
Address Breakdown
Residential
12,940
Single Family
11,402
Multi-Family
1,538
Businesses
1,302
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