14413 Macklin RdNew springfieldOH44443
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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 springfield at 14413 Macklin Rd, New springfield, OH, 44443 generates $974/mo in rent, after a $2,080/mo payment. Total monthly income is $974/mo. Return on cash invested sits at 4.4% in year one, and rental yield is 2.75% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 20.16% and total cumulative return in cash sums $28,409. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $974/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
10.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44443, New Springfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 671 (100%) |
| Owner Occupied HU | 507 (75.6%) |
| Renter Occupied HU | 132 (19.7%) |
| Vacant Housing Units | 32 ( 4.8%) |
| Median Home Value | $224,378 |
| Average Home Value | $249,487 |
Housing Distribution
Address Breakdown
Residential
701
Single Family
701
Multi-Family
0
Businesses
56
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Listed by: Jayne M Gregory • Brokers Realty Group
Mls Name: MLS Now
Mls ID: #5154590