626 N Dix StPauldingOH45879
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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 Paulding at 626 N Dix St, Paulding, OH, 45879 offers a 10.25% rental yield on a $168,600 purchase with $1,440/mo rent. Total monthly income registers $1,440/mo, and a $825/mo payment leaves $331/mo available for distribution. Annual cash flow reaches $3,974/yr on $55,891 to close, and return on cash invested stands at 27.02% in year one. Equity gained on principal adds $1,088/yr while 5% annual appreciation supports $46,581 over five years. Portfolio math shows five-year ROI at 141.56% and total cumulative return in cash at $79,118. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,440/mo property income against a $825/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.37 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 45879, Paulding, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,713 (100%) |
| Owner Occupied HU | 1,749 (64.5%) |
| Renter Occupied HU | 690 (25.4%) |
| Vacant Housing Units | 274 (10.1%) |
| Median Home Value | $150,631 |
| Average Home Value | $198,675 |
Housing Distribution
Address Breakdown
Residential
2,595
Single Family
2,576
Multi-Family
19
Businesses
271
Price History
Date | Event | Price |
|---|---|---|
| 2024-08-19 | Price change | $168,600 |
| 2024-07-22 | Listed for sale | $178,600 |
| 2021-10-08 | Sold | $158,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-08 | $2275.28 | 4.85% | $49,460 | N/A |
| 2022-01-08 | $2170.12 | 88.23% | $49,460 | 53.55% |
| 2021-01-08 | $1152.92 | -3.13% | $32,210 | 22.01% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1955
- Architectural Style: Ranch
- Building Area: 1,624
- Living Area: 1,624 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air, Heat Pump
- Cooling: Central Air
- Flooring: Carpet, Hardwood, Laminate, Vinyl
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Attached, Garage
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: N/A
- Sewer: Public 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: Rudy Straley • Straley Realty & Auctioneers- Van Wert
Mls Name: WCAR OH
Mls Provider:
Mls ID: #304597
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.