834 Wallace AveBowling greenOH43402
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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 Bowling green at 834 Wallace Ave, Bowling green, OH, 43402 priced at $214,900 pairs $1,949/mo rent with $535/mo cash flow after a $1,052/mo payment. Total monthly income equals $1,949/mo, and annual cash flow comes to $6,423/yr on $71,239 invested. Return on cash invested is 28.93% in year one, and rental yield stands at 10.88% on a $214,900 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,373 by year five. Five-year ROI measures 151.76% and total cumulative return in cash reaches $108,114. For financing, Ziffy Mortgage’s DSCR program evaluates $1,949/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1943
3,563 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 43402, Bowling Green, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,655 (100%) |
| Owner Occupied HU | 7,083 (45.2%) |
| Renter Occupied HU | 7,456 (47.6%) |
| Vacant Housing Units | 1,116 ( 7.1%) |
| Median Home Value | $261,690 |
| Average Home Value | $287,626 |
Housing Distribution
Address Breakdown
Residential
14,795
Single Family
11,079
Multi-Family
3,716
Businesses
1,151
Price History
Date | Event | Price |
|---|---|---|
| 2024-10-14 | Price change | $214,900 |
| 2024-09-03 | Price change | $224,900 |
| 2024-08-21 | Listed for sale | $234,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $2830.74 | 39.16% | $65,660 | 41.88% |
| 2022-10-15 | $2034.19 | 1.51% | $46,280 | N/A |
| 2021-10-15 | $2003.96 | -0.26% | $46,280 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1943
- Architectural Style: Contemporary,Two Story
- Building Area: N/A
- Living Area: 2,048 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Electric, Forced Air, Natural Gas, Radiant
- Cooling: Central Air
- Flooring: N/A
- Interior Features: Electric Range Connection
- Exterior Features: N/A
- Parking Features: Attached, Concrete, Driveway, Garage
Location
- City: Bowling green
- State: OH
- Subdivision: Other
- Lot Size: 3,563 sqft
- Lot Features: Rectangular Lot, Trees
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Sanitary
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Other
- Middle School: N/A
- High School: Bowling Green
Listed by: Wendy Headley • A.A. Green Realty, Inc.
Mls Name: NORIS
Mls ID: #6119399
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2024 NORIS. All rights reserved.