Palladio Ranch Plan, Spring RunWoosterOH44691
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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 Wooster at Palladio Ranch Plan, Spring Run, Wooster, OH, 44691 priced at $344,990 pairs $4,438/mo rent with $2,168/mo cash flow after a $1,689/mo payment. Total monthly income equals $4,438/mo, and annual cash flow comes to $26,019/yr on $114,364 invested. Return on cash invested is 42.66% in year one, and rental yield stands at 15.44% on a $344,990 basis. Equity gained on principal adds $2,226/yr, and 5% annual appreciation accumulates to $95,314 by year five. Five-year ROI measures 225.38% and total cumulative return in cash reaches $257,749. For financing, Ziffy Mortgage’s DSCR program evaluates $4,438/mo property income against a $1,689/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
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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