12823 Luthman RdMinsterOH45865
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 12823 Luthman Rd, Minster, OH, 45865 in Minster. Priced at $155,000, it generates $1,794/mo in gross rent and $754/mo in net monthly cash flow, a 13.89% yield that comfortably supports the 2.57 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $9,053. Five-year appreciation: $42,824. Equity from principal paydown: $1,428/yr. Total projected cumulative return: $107,730.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 13.9% | 6.2% |
| Monthly Cash Flow | $754 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,794 |
| Total Monthly Debt Service | $978 |
| DSCR Ratio | 1.83x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1956
6,098 sqft lot
$N/A/sqft
$20 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45865, Minster, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,036 (100%) |
| Owner Occupied HU | 1,604 (78.8%) |
| Renter Occupied HU | 299 (14.7%) |
| Vacant Housing Units | 133 ( 6.5%) |
| Median Home Value | $303,768 |
| Average Home Value | $357,322 |
Housing Distribution
Address Breakdown
Residential
2,029
Single Family
2,029
Multi-Family
0
Businesses
210
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1956
6,098 sqft lot
$N/A/sqft
$20 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45865, Minster, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,036 (100%) |
| Owner Occupied HU | 1,604 (78.8%) |
| Renter Occupied HU | 299 (14.7%) |
| Vacant Housing Units | 133 ( 6.5%) |
| Median Home Value | $303,768 |
| Average Home Value | $357,322 |
Housing Distribution
Address Breakdown
Residential
2,029
Single Family
2,029
Multi-Family
0
Businesses
210
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JOHN DOE (NON-WRIST MEMBER) • WR
Mls Name: WRIST
Mls Provider:
Mls ID: #1041835
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