109 E Main StNew LebanonOH45345
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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 New Lebanon at 109 E Main St, New Lebanon, OH, 45345 uses $65,935 cash to close to unlock $7,814/yr annual cash flow and $651/mo monthly cash flow. Total monthly income runs $1,960/mo, and a $974/mo payment keeps the spread at $651/mo. Purchase price stands at $198,900, and rental yield measures 11.83% with $1,960/mo rent. Return on cash invested shows 31.76% in year one, and 5% annual appreciation builds toward $54,952 over five years. Five-year ROI reaches 166.98% and total cumulative return in cash records $110,099. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,960/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in 1907
7,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45345, New Lebanon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,630 (100%) |
| Owner Occupied HU | 1,845 (70.2%) |
| Renter Occupied HU | 627 (23.8%) |
| Vacant Housing Units | 158 ( 6.0%) |
| Median Home Value | $190,094 |
| Average Home Value | $220,337 |
Housing Distribution
Address Breakdown
Residential
2,625
Single Family
2,603
Multi-Family
22
Businesses
132
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Listed by: Lauren Dillon • Glasshouse Realty Group
Mls Name: DABR MLS
Mls ID: #944884