617 Wedgewood Way UNIT 617MillersburgOH44654
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
Investment property for sale in Millersburg at 617 Wedgewood Way UNIT 617, Millersburg, OH, 44654 listed at $269,900 pairs $1,364/mo rent with a $1,321/mo payment. Total monthly income runs $1,364/mo. Return on cash invested measures 14.39% in year one, and rental yield registers 6.06% at a $269,900 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,568 by year five. Five-year ROI tracks 73.77% and total cumulative return in cash totals $66,006. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,364/mo property income relative to a $1,321/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2010
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44654, Millersburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,597 (100%) |
| Owner Occupied HU | 5,114 (67.3%) |
| Renter Occupied HU | 1,856 (24.4%) |
| Vacant Housing Units | 627 ( 8.3%) |
| Median Home Value | $374,351 |
| Average Home Value | $443,563 |
Housing Distribution
Address Breakdown
Residential
6,736
Single Family
6,655
Multi-Family
81
Businesses
715
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Listed by: Tina A Owens • Owens Real Estate Firm, Inc.
Mls Name: MLS Now
Mls ID: #5127682