164 Ashburn WayNew RichmondOH45157
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
Investment Highlights
Rental property for sale in New Richmond at 164 Ashburn Way, New Richmond, OH, 45157 priced at $339,900 converts $2,851/mo rent into $590/mo cash flow after a $1,664/mo obligation. Total monthly income equals $2,851/mo, and annual cash flow totals $7,078/yr on $112,677 invested. Return on cash invested prints 26.19% in year one, and rental yield reads 10.07% against a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation compiles into $93,908 by year five. Five-year ROI reaches 137.14% and total cumulative return in cash sums $154,523. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,851/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in N/A
9,644 sqft lot
$N/A/sqft
$300 annually HOA
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Nearby investment properties with comparable prices
Listed by: James N. McKinney • D.R. Horton Realty of Ohio, In
Mls Name: Cincy MLS
Mls Provider:
Mls ID: #1858537
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