1871 S Township Road 101New RiegelOH44883
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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 Riegel at 1871 S Township Road 101, New Riegel, OH, 44883 generates $1,678/mo in rent, after a $1,297/mo payment. Total monthly income is $1,678/mo. Return on cash invested sits at 19.02% in year one, and rental yield is 7.6% on a $264,900 entry. Equity gained on principal adds $1,709/yr, while 5% annual appreciation builds toward $73,187 over five years. Five-year ROI reaches 98.66% and total cumulative return in cash sums $86,636. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,678/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
1.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44883, Tiffin, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,679 (100%) |
| Owner Occupied HU | 8,179 (64.5%) |
| Renter Occupied HU | 3,563 (28.1%) |
| Vacant Housing Units | 937 ( 7.4%) |
| Median Home Value | $164,499 |
| Average Home Value | $189,700 |
Housing Distribution
Address Breakdown
Residential
11,811
Single Family
11,174
Multi-Family
637
Businesses
962
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Listed by: Kyle M. Recker • Howard Hanna - Port Clinton
Mls Name: Firelands MLS
Mls ID: #20254317