Clayton 27 Melrose Village Plan, Melrose VillageWoosterOH44691
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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 Wooster at Clayton 27 Melrose Village Plan, Melrose Village, Wooster, OH, 44691 with 5% annual appreciation on a $156,600 basis while $3,126/mo rent supports operations. Total monthly income totals $3,126/mo and a $766/mo payment preserves $2,096/mo for cash returns. Annual cash flow comes to $25,157/yr on $51,913 deployed, and return on cash invested reaches 68.37% in year one. Equity gained on principal adds $1,011/yr, and five-year appreciation sums $43,266 alongside rental yield of 23.95%. Five-year ROI measures 363.27% and total cumulative return in cash totals $188,582.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,126/mo property income versus a $766/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44691, Wooster, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,191 (100%) |
| Owner Occupied HU | 12,097 (63.0%) |
| Renter Occupied HU | 5,925 (30.9%) |
| Vacant Housing Units | 1,169 ( 6.1%) |
| Median Home Value | $253,694 |
| Average Home Value | $291,966 |
Housing Distribution
Address Breakdown
Residential
18,463
Single Family
17,071
Multi-Family
1,392
Businesses
1,629
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