744 Fairway Dr APT 22WauseonOH43567
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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 Wauseon at 744 Fairway Dr APT 22, Wauseon, OH, 43567 earns $494/mo cash flow from $1,517/mo rent with a $553/mo payment. Total monthly income totals $1,517/mo, and annual cash flow totals $5,925/yr on $37,460 capital. ROI tracks 35.73% on current figures, and rental yield reads 16.11% at a $113,000 purchase. Equity gained on principal adds $729/yr, and 5% annual appreciation supports $31,220 over five years. Five-year ROI reaches 191.45% and total cumulative return in cash sums $71,717. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,517/mo property income instead of your personal income.
Condo
Built in 1977
N/A lot
$N/A/sqft
$280 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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