702 N Washington StVan WertOH45891
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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 Van Wert at 702 N Washington St, Van Wert, OH, 45891 earns from $656/mo rent with a $822/mo payment. Total monthly income totals $656/mo. ROI tracks 10.24% on current figures, and rental yield reads 4.69% at a $168,000 purchase. Equity gained on principal adds $1,084/yr, and 5% annual appreciation supports $46,415 over five years. Five-year ROI reaches 51.57% and total cumulative return in cash sums $28,721. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $656/mo property income instead of your personal income.
Single Family
Built in 1900
8,288 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45891, Van Wert, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,012 (100%) |
| Owner Occupied HU | 4,579 (65.3%) |
| Renter Occupied HU | 1,860 (26.5%) |
| Vacant Housing Units | 573 ( 8.2%) |
| Median Home Value | $156,533 |
| Average Home Value | $189,951 |
Housing Distribution
Address Breakdown
Residential
6,672
Single Family
6,408
Multi-Family
264
Businesses
562
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