937 Ottawa WayWauseonOH43567
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wauseon at 937 Ottawa Way, Wauseon, OH, 43567 priced at $218,000 pairs $1,856/mo rent with $192/mo cash flow after a $1,067/mo payment. Total monthly income equals $1,856/mo, and annual cash flow comes to $2,304/yr on $72,267 invested. Return on cash invested is 23.1% in year one, and rental yield stands at 10.22% on a $218,000 basis. Equity gained on principal adds $1,407/yr, and 5% annual appreciation accumulates to $60,229 by year five. Five-year ROI measures 121.91% and total cumulative return in cash reaches $88,099. For financing, Ziffy Mortgage’s DSCR program evaluates $1,856/mo property income against a $1,067/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1998
N/A lot
$N/A/sqft
$230 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43567, Wauseon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,624 (100%) |
| Owner Occupied HU | 4,032 (71.7%) |
| Renter Occupied HU | 1,351 (24.0%) |
| Vacant Housing Units | 241 ( 4.3%) |
| Median Home Value | $207,676 |
| Average Home Value | $230,472 |
Housing Distribution
Address Breakdown
Residential
5,379
Single Family
5,240
Multi-Family
139
Businesses
438
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