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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Wooster at 636 Saybolt Ave, Wooster, OH, 44691 priced at $189,900 converts $1,450/mo rent into $201/mo cash flow after a $929/mo obligation. Total monthly income equals $1,450/mo, and annual cash flow totals $2,416/yr on $62,952 invested. Return on cash invested prints 23.75% in year one, and rental yield reads 9.16% against a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation compiles into $52,466 by year five. Five-year ROI reaches 123.99% and total cumulative return in cash sums $78,053. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,450/mo property income covering a $929/mo payment, not borrower’s personal income.
Single Family
Built in 1930
4,499 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44691, Wooster, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,191 (100%) |
| Owner Occupied HU | 12,097 (63.0%) |
| Renter Occupied HU | 5,925 (30.9%) |
| Vacant Housing Units | 1,169 ( 6.1%) |
| Median Home Value | $253,694 |
| Average Home Value | $291,966 |
Residential
18,463
Single Family
17,071
Multi-Family
1,392
Businesses
1,629
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Gina Chandler • Howard Hanna
Mls Name: MLS Now
Mls ID: #5170500
