136 Hunter StNewarkOH43055
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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 Newark at 136 Hunter St, Newark, OH, 43055 offers $1,365/mo rent that, after a $881/mo payment, leaves $181/mo cash flow. Total monthly income is $1,365/mo, and annual cash flow is $2,172/yr on $59,670 cash. Return on cash invested measures 23.55% in year one, and rental yield stands at 9.1% at a $180,000 entry. Equity gained on principal adds $1,162/yr while 5% annual appreciation compounds into $49,731 by year five. Five-year ROI records 122.84% and total cumulative return in cash reaches $73,301. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,365/mo property income versus a $881/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43055, Newark, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,794 (100%) |
| Owner Occupied HU | 16,255 (58.5%) |
| Renter Occupied HU | 9,983 (35.9%) |
| Vacant Housing Units | 1,556 ( 5.6%) |
| Median Home Value | $217,191 |
| Average Home Value | $276,571 |
Housing Distribution
Address Breakdown
Residential
26,870
Single Family
25,723
Multi-Family
1,147
Businesses
1,524
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