902 Devonwood DrWadsworthOH44281
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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 Wadsworth at 902 Devonwood Dr, Wadsworth, OH, 44281 generates $2,030/mo in rent, after a $1,639/mo payment. Total monthly income is $2,030/mo. Return on cash invested sits at 18.04% in year one, and rental yield is 7.27% on a $334,902 entry. Equity gained on principal adds $2,161/yr, while 5% annual appreciation builds toward $92,527 over five years. Five-year ROI reaches 93.37% and total cumulative return in cash sums $103,658. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,030/mo property income rather than buyer’s personal income.
Condo
Built in 2001
2,099 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44281, Wadsworth, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,426 (100%) |
| Owner Occupied HU | 10,469 (72.6%) |
| Renter Occupied HU | 3,320 (23.0%) |
| Vacant Housing Units | 637 ( 4.4%) |
| Median Home Value | $296,453 |
| Average Home Value | $343,826 |
Housing Distribution
Address Breakdown
Residential
13,897
Single Family
12,859
Multi-Family
1,038
Businesses
668
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