160 Coates CtNorth LewisburgOH43060
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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 North Lewisburg at 160 Coates Ct, North Lewisburg, OH, 43060 generates $2,450/mo in rent and, after a $1,444/mo payment, leaves $359/mo in cash flow. Total monthly income is $2,450/mo, and annual cash flow is $4,313/yr on $97,793 invested. Return on cash invested sits at 24.32% in year one, and rental yield is 9.97% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 127.69% and total cumulative return in cash sums $124,874. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,450/mo property income rather than buyer’s personal income.
Condo
Built in 2018
3,049 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43060, North Lewisburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,240 (100%) |
| Owner Occupied HU | 877 (70.7%) |
| Renter Occupied HU | 281 (22.7%) |
| Vacant Housing Units | 82 ( 6.6%) |
| Median Home Value | $192,520 |
| Average Home Value | $223,945 |
Housing Distribution
Address Breakdown
Residential
1,007
Single Family
791
Multi-Family
216
Businesses
43
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Listed by: Kristin M. Freyhof • Champaign Realty
Mls Name: WRIST
Mls Provider:
Mls ID: #1039400
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.