818 Aster DrWapakonetaOH45895
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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 Wapakoneta at 818 Aster Dr, Wapakoneta, OH, 45895 uses $79,527 cash to close to unlock $1,310/yr annual cash flow and $109/mo monthly cash flow. Total monthly income runs $1,687/mo, and a $1,174/mo payment keeps the spread at $109/mo. Purchase price stands at $239,900, and rental yield measures 8.44% with $1,687/mo rent. Return on cash invested shows 21.56% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 112.23% and total cumulative return in cash records $89,251. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,687/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45895, Wapakoneta, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,701 (100%) |
| Owner Occupied HU | 5,600 (72.7%) |
| Renter Occupied HU | 1,676 (21.8%) |
| Vacant Housing Units | 425 ( 5.5%) |
| Median Home Value | $184,875 |
| Average Home Value | $216,385 |
Housing Distribution
Address Breakdown
Residential
7,523
Single Family
7,281
Multi-Family
242
Businesses
545
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Listed by: CJ Steinke • Merritt Real Estate Professionals
Mls Name: WCAR OH
Mls ID: #309323