701 Burr RdWauseonOH43567
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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
Total monthly income runs $1,484/mo, and a $1,028/mo payment. Purchase price stands at $210,000, and rental yield measures 8.48% with $1,484/mo rent. Return on cash invested shows 16.5% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 87% and total cumulative return in cash records $60,568. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,484/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Condo
Built in 2000
N/A lot
$N/A/sqft
$300 monthly 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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Listed by: Michael W. Murry • Whalen Realty & Auction LTD
Mls Name: NORIS
Mls ID: #6135144
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. 2025 NORIS. All rights reserved.