603 E Pearl 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
Investment property for sale in Wapakoneta at 603 E Pearl St, Wapakoneta, OH, 45895 listed at $156,000 pairs $1,186/mo rent with a $764/mo payment to leave $159/mo cash flow. Total monthly income runs $1,186/mo, and annual cash flow reaches $1,913/yr on $51,714 cash to close. Return on cash invested measures 23.61% in year one, and rental yield registers 9.12% at a $156,000 basis. Equity gained on principal adds $1,007/yr, and annual property appreciation at 5% supports $43,100 by year five. Five-year ROI tracks 123.25% and total cumulative return in cash totals $63,738. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,186/mo property income relative to a $764/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
7,501 sqft 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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