1723 Harrison Rd, New Madison, OH, 45346 | 4.89% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New Madison at 1723 Harrison Rd, New Madison, OH, 45346 earns from $1,060/mo rent with a $1,273/mo payment. Total monthly income totals $1,060/mo. ROI tracks 10.85% on current figures, and rental yield reads 4.89% at a $260,000 purchase. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 over five years. Five-year ROI reaches 54.79% and total cumulative return in cash sums $47,225. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,060/mo property income instead of your personal income.

Single Family

Built in 1957

3.25 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 45346, New Madison, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	915 (100%)
Owner Occupied HU	664 (72.6%)
Renter Occupied HU	148 (16.2%)
Vacant Housing Units	103 (11.3%)
Median Home Value	$196,500
Average Home Value	$279,838