164 E Main StNew ConcordOH43762
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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
Total monthly income runs $1,085/mo, and a $1,335/mo payment. Purchase price stands at $272,800, and rental yield measures 4.77% with $1,085/mo rent. Return on cash invested shows 10.5% in year one, and 5% annual appreciation builds toward $75,370 over five years. Five-year ROI reaches 52.88% and total cumulative return in cash records $47,824. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,085/mo property income covering a $1,335/mo payment rather than investor’s personal income.
Multi Family
Built in 1901
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43762, New Concord, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,994 (100%) |
| Owner Occupied HU | 1,353 (67.9%) |
| Renter Occupied HU | 452 (22.7%) |
| Vacant Housing Units | 189 ( 9.5%) |
| Median Home Value | $282,478 |
| Average Home Value | $310,222 |
Housing Distribution
Address Breakdown
Residential
1,893
Single Family
1,885
Multi-Family
8
Businesses
138
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Listed by: N/A • N/A
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Mls ID: #N/A