10978 Fairmount RdNewburyOH44065
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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 Newbury at 10978 Fairmount Rd, Newbury, OH, 44065 earns from $1,626/mo rent with a $1,664/mo payment. Total monthly income totals $1,626/mo. ROI tracks 13.41% on current figures, and rental yield reads 5.74% at a $339,900 purchase. Equity gained on principal adds $2,193/yr, and 5% annual appreciation supports $93,908 over five years. Five-year ROI reaches 68.51% and total cumulative return in cash sums $77,195. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,626/mo property income instead of your personal income.
Single Family
Built in 1967
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44065, Newbury, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,754 (100%) |
| Owner Occupied HU | 1,422 (81.1%) |
| Renter Occupied HU | 249 (14.2%) |
| Vacant Housing Units | 83 ( 4.7%) |
| Median Home Value | $353,042 |
| Average Home Value | $368,704 |
Housing Distribution
Address Breakdown
Residential
1,608
Single Family
1,608
Multi-Family
0
Businesses
236
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