1701 W Main StNew LebanonOH45345
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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 New Lebanon at 1701 W Main St, New Lebanon, OH, 45345 earns $314/mo cash flow from $1,632/mo rent with a $979/mo payment. Total monthly income totals $1,632/mo, and annual cash flow totals $3,762/yr on $66,300 capital. ROI tracks 25.58% on current figures, and rental yield reads 9.79% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 133.82% and total cumulative return in cash sums $88,724. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,632/mo property income instead of your personal income.
Single Family
Built in 1922
0.26 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 45345, New Lebanon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,630 (100%) |
| Owner Occupied HU | 1,845 (70.2%) |
| Renter Occupied HU | 627 (23.8%) |
| Vacant Housing Units | 158 ( 6.0%) |
| Median Home Value | $190,094 |
| Average Home Value | $220,337 |
Housing Distribution
Address Breakdown
Residential
2,625
Single Family
2,603
Multi-Family
22
Businesses
132
Price History
Date | Event | Price |
|---|---|---|
| 2024-11-14 | Listed for sale | $200,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-20 | $3073.41 | -22.13% | $51,470 | N/A |
| 2022-11-20 | $3946.65 | 4.83% | $51,470 | N/A |
| 2021-11-20 | $3764.83 | 0.77% | $51,470 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1922
- Architectural Style: N/A
- Building Area: 1,275
- Living Area: 1,275 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- Flooring: N/A
- Interior Features: Jetted Tub, Laminate Counters
- Exterior Features: Deck, Fence, Porch
- Parking Features: Detached, Garage, Two Car Garage, Garage Door Opener
Location
- City: New Lebanon
- State: OH
- Subdivision: N/A
- Lot Size: 0.26 Acres
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Natural Gas Available, Sewer Available, Water Available
- Sewer: N/A
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Austin Doat • eXp Realty
Mls Name: DABR MLS
Mls Provider:
Mls ID: #923724
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. Copyright Dayton Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.