137 Downs AveNewcomerstownOH43832
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 137 Downs Ave, Newcomerstown, OH, 43832 in Newcomerstown at $155,000, 5.57% gross yield, is a market-growth asset. Rental yield 5.57%. The $720/mo rent partially funds the $697/mo debt service; the core return is the 5%/yr price growth projected to add $42,824 over five years. Ziffy Mortgage's DSCR mortgage (1.03) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $39,798.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5.6% | 6.2% |
| Monthly Cash Flow | $(300) | $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 | $720 |
| Total Monthly Debt Service | $958 |
| DSCR Ratio | 0.75x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1930
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43832, Newcomerstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,324 (100%) |
| Owner Occupied HU | 2,098 (63.1%) |
| Renter Occupied HU | 830 (25.0%) |
| Vacant Housing Units | 396 (11.9%) |
| Median Home Value | $165,302 |
| Average Home Value | $237,464 |
Housing Distribution
Address Breakdown
Residential
3,151
Single Family
3,078
Multi-Family
73
Businesses
199
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 1930
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43832, Newcomerstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,324 (100%) |
| Owner Occupied HU | 2,098 (63.1%) |
| Renter Occupied HU | 830 (25.0%) |
| Vacant Housing Units | 396 (11.9%) |
| Median Home Value | $165,302 |
| Average Home Value | $237,464 |
Housing Distribution
Address Breakdown
Residential
3,151
Single Family
3,078
Multi-Family
73
Businesses
199
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristi Smith • Leonard and Newland Real Estate Services
Mls Name: MLS Now
Mls ID: #5159258