744 Fairway Dr APT 30, Wauseon, OH, 43567 | $142/mo Cash Flow

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744 Fairway Dr APT 30, Wauseon, OH, 43567 | $142/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Wauseon at 744 Fairway Dr APT 30, Wauseon, OH, 43567 earns $142/mo cash flow from $865/mo rent with a $538/mo payment. Total monthly income totals $865/mo, and annual cash flow totals $1,704/yr on $36,432 capital. ROI tracks 24.59% on current figures, and rental yield reads 9.44% at a $109,900 purchase. Equity gained on principal adds $709/yr, and 5% annual appreciation supports $30,363 over five years. Five-year ROI reaches 128.44% and total cumulative return in cash sums $46,792. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $865/mo property income instead of your personal income.

Condo

Built in 1977

N/A lot

$N/A/sqft

No HOA

More details about the property

The BEST location in all of The Fairway Condominiums! Unit 30 is an end unit with great landscaping & only steps from your own carport. No getting soaked running across the parking lot here! Watch the sunset over the 14th hole of Ironwood GC from your balcony or patio, just steps away from the community pool. The roof assessment has been paid-in-full by the current owner offering piece-of-mind to the new owner. Neutral decor offers the opportunity to easily make it their own. Full basement is dry & could be used for extra living space or storage. All appliances stay & immediate occupancy!

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