1472 Newman DrBrunswickOH44212
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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 Brunswick at 1472 Newman Dr, Brunswick, OH, 44212 offers a 4.67% rental yield on a $405,000 purchase with $1,576/mo rent. 92% in year one. Equity gained on principal adds $2,613/yr while 5% annual appreciation supports $111,894 over five years. Portfolio math shows five-year ROI at 34.91% and total cumulative return in cash at $46,874. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,576/mo property income against a $1,982/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2017
N/A lot
$N/A/sqft
$365 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 44212, Brunswick, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,242 (100%) |
| Owner Occupied HU | 14,796 (76.9%) |
| Renter Occupied HU | 3,871 (20.1%) |
| Vacant Housing Units | 575 ( 3.0%) |
| Median Home Value | $270,866 |
| Average Home Value | $287,421 |
Housing Distribution
Address Breakdown
Residential
18,668
Single Family
16,905
Multi-Family
1,763
Businesses
969
Price History
Date | Event | Price |
|---|---|---|
| 2025-01-15 | Listed for sale | $405,000 |
| 2017-10-25 | Sold | $294,400 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-14 | $5735.06 | 1.26% | $105,700 | N/A |
| 2022-02-14 | $5663.52 | 3.83% | $105,700 | 7.20% |
| 2021-02-14 | $5454.70 | N/A | $98,600 | N/A |
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Facts & Features
General Information
- Type: Condo
- Year Built: 2017
- Architectural Style: Ranch
- Building Area: 1,777
- Living Area: 1,777 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air, Gas
- Cooling: Central Air, Ceiling Fan(s)
- Flooring: N/A
- Interior Features: Breakfast Bar, Tray Ceiling(s), Ceiling Fan(s), Chandelier, Double Vanity, Granite Counters, Kitchen Island, Primary Downstairs, Recessed Lighting, Walk-In Closet(s)
- Exterior Features: Courtyard
- Parking Features: Attached, Direct Access, Electricity, Garage Faces Front, Garage, Garage Door Opener
Location
HOA & Fees
- HOA Fee: $365 monthly
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: Association Management, Insurance, Maintenance Grounds, Maintenance Structure, Recreation Facilities, Snow Removal, Trash
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Al Brucker • RE/MAX Crossroads Properties
Mls Name: MLS Now
Mls Provider:
Mls ID: #5093798
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