1415 Rush RdNew MadisonOH45346
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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 New Madison at 1415 Rush Rd, New Madison, OH, 45346 offers a 5.82% rental yield on a $295,000 purchase with $1,430/mo rent. 64% in year one. Equity gained on principal adds $1,904/yr while 5% annual appreciation supports $81,503 over five years. Portfolio math shows five-year ROI at 69.77% and total cumulative return in cash at $68,234. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,430/mo property income against a $1,444/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
1.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45346, New Madison, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 915 (100%) |
| Owner Occupied HU | 664 (72.6%) |
| Renter Occupied HU | 148 (16.2%) |
| Vacant Housing Units | 103 (11.3%) |
| Median Home Value | $196,500 |
| Average Home Value | $279,838 |
Housing Distribution
Address Breakdown
Residential
816
Single Family
816
Multi-Family
0
Businesses
45
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Listed by: Ashley Lesher • NavX Realty, LLC
Mls Name: DABR MLS
Mls Provider:
Mls ID: #936553
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.