1849 Old Springfield RdNew HollandOH43145
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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 New Holland at 1849 Old Springfield Rd, New Holland, OH, 43145 generates $516/mo in rent, after a $1,517/mo payment. Total monthly income is $516/mo. Return on cash invested sits at 2.13% in year one, and rental yield is 2% on a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 8.03% and total cumulative return in cash sums $8,251. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $516/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43145, New Holland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 837 (100%) |
| Owner Occupied HU | 573 (68.5%) |
| Renter Occupied HU | 198 (23.7%) |
| Vacant Housing Units | 66 ( 7.9%) |
| Median Home Value | $190,522 |
| Average Home Value | $227,155 |
Housing Distribution
Address Breakdown
Residential
641
Single Family
641
Multi-Family
0
Businesses
33
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Listed by: Deanna M Stevens • Key Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225021679
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. Information is deemed reliable but not guaranteed.