893 W Wooster StBowling 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
Investment property for sale in Bowling Green at 893 W Wooster St, Bowling Green, OH, 43402 uses $111,053 cash to close to unlock $1,153/yr annual cash flow and $96/mo monthly cash flow. Total monthly income runs $2,300/mo, and a $1,640/mo payment keeps the spread at $96/mo. Purchase price stands at $335,000, and rental yield measures 8.24% with $2,300/mo rent. Return on cash invested shows 20.95% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 108.96% and total cumulative return in cash records $121,004. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,300/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Single Family
Built in 1952
0.58 Acres lot
$N/A/sqft
No HOA
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
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Listed by: Allison Fox • A.A. Green Realty, Inc.
Mls Name: NORIS
Mls ID: #6135209