9708 Harrison RdWakemanOH44889
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
Investment property for sale in Wakeman at 9708 Harrison Rd, Wakeman, OH, 44889 earns $197/mo cash flow from $1,249/mo rent with a $783/mo payment. Total monthly income totals $1,249/mo, and annual cash flow totals $2,360/yr on $53,040 capital. ROI tracks 24.36% on current figures, and rental yield reads 9.37% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 127.24% and total cumulative return in cash sums $67,490. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,249/mo property income instead of your personal income.
Single Family
Built in 1978
5.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44889, Wakeman, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,936 (100%) |
| Owner Occupied HU | 2,266 (77.2%) |
| Renter Occupied HU | 515 (17.5%) |
| Vacant Housing Units | 155 ( 5.3%) |
| Median Home Value | $239,086 |
| Average Home Value | $309,092 |
Housing Distribution
Address Breakdown
Residential
2,654
Single Family
2,548
Multi-Family
106
Businesses
107
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices