640 N Wooster AveStrasburgOH44680
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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 Strasburg at 640 N Wooster Ave, Strasburg, OH, 44680 with 5% annual appreciation on a $229,900 basis while $894/mo rent supports operations. 18% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,517 alongside rental yield of 4.67%. Five-year ROI measures 51.16% and total cumulative return in cash totals $38,987. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $894/mo property income versus a $1,125/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44680, Strasburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,915 (100%) |
| Owner Occupied HU | 1,344 (70.2%) |
| Renter Occupied HU | 509 (26.6%) |
| Vacant Housing Units | 62 ( 3.2%) |
| Median Home Value | $234,899 |
| Average Home Value | $300,943 |
Housing Distribution
Address Breakdown
Residential
1,860
Single Family
1,852
Multi-Family
8
Businesses
131
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