607 E Elm StWauseonOH43567
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 Wauseon at 607 E Elm St, Wauseon, OH, 43567 priced at $124,900 pairs $1,061/mo rent with $240/mo cash flow after a $611/mo payment. Total monthly income equals $1,061/mo, and annual cash flow comes to $2,877/yr on $41,404 invested. Return on cash invested is 26.86% in year one, and rental yield stands at 10.19% on a $124,900 basis. Equity gained on principal adds $806/yr, and 5% annual appreciation accumulates to $34,508 by year five. Five-year ROI measures 140.65% and total cumulative return in cash reaches $58,234. For financing, Ziffy Mortgage’s DSCR program evaluates $1,061/mo property income against a $611/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43567, Wauseon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,624 (100%) |
| Owner Occupied HU | 4,032 (71.7%) |
| Renter Occupied HU | 1,351 (24.0%) |
| Vacant Housing Units | 241 ( 4.3%) |
| Median Home Value | $207,676 |
| Average Home Value | $230,472 |
Housing Distribution
Address Breakdown
Residential
5,379
Single Family
5,240
Multi-Family
139
Businesses
438
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