823 Poppy 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
Rental property for sale in Wapakoneta at 823 Poppy Dr, Wapakoneta, OH, 45895 offers $2,042/mo rent that, after a $1,204/mo payment, leaves $424/mo cash flow. Total monthly income is $2,042/mo, and annual cash flow is $5,089/yr on $81,516 cash. Return on cash invested measures 26.15% in year one, and rental yield stands at 9.97% at a $245,900 entry. Equity gained on principal adds $1,587/yr while 5% annual appreciation compounds into $67,938 by year five. Five-year ROI records 136.87% and total cumulative return in cash reaches $111,571. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,042/mo property income versus a $1,204/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.31 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: Riley Culver • Berkshire Hathaway Professional Realty
Mls Name: WRIST
Mls Provider:
Mls ID: #1033676
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