127 Junction PointNew RichmondOH45157
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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 New Richmond at 127 Junction Point, New Richmond, OH, 45157 priced at $285,000 converts $2,372/mo rent into $481/mo cash flow after a $1,395/mo obligation. Total monthly income equals $2,372/mo, and annual cash flow totals $5,767/yr on $94,478 invested. Return on cash invested prints 26.01% in year one, and rental yield reads 9.99% against a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation compiles into $78,740 by year five. Five-year ROI reaches 136.18% and total cumulative return in cash sums $128,658. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,372/mo property income covering a $1,395/mo payment, not borrower’s personal income.
Single Family
Built in 2020
7,370 sqft lot
$N/A/sqft
$200 annually HOA
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Listed by: Jennifer Crum • Coldwell Banker Heritage
Mls Name: DABR MLS
Mls Provider:
Mls ID: #928660
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright Dayton Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.