1993 State Route 162 ENorth FairfieldOH44855
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1993 State Route 162 E, North Fairfield, OH, 44855 in North Fairfield. Priced at $240,000, it generates $2,515/mo in gross rent and $937/mo in net monthly cash flow, a 12.58% yield that comfortably supports the 2.33 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $11,238. Five-year appreciation: $66,308. Equity from principal paydown: $2,210/yr. Total projected cumulative return: $151,662.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.6% | 6.2% |
| Monthly Cash Flow | $937 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,515 |
| Total Monthly Debt Service | $1,483 |
| DSCR Ratio | 1.70x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2000
5.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44855, North Fairfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 444 (100%) |
| Owner Occupied HU | 340 (76.6%) |
| Renter Occupied HU | 60 (13.5%) |
| Vacant Housing Units | 44 ( 9.9%) |
| Median Home Value | $169,149 |
| Average Home Value | $182,382 |
Housing Distribution
Address Breakdown
Residential
432
Single Family
432
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 2000
5.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44855, North Fairfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 444 (100%) |
| Owner Occupied HU | 340 (76.6%) |
| Renter Occupied HU | 60 (13.5%) |
| Vacant Housing Units | 44 ( 9.9%) |
| Median Home Value | $169,149 |
| Average Home Value | $182,382 |
Housing Distribution
Address Breakdown
Residential
432
Single Family
432
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Asa A Cox • CENTURY 21 Asa Cox Homes
Mls Name: MLS Now
Mls Provider:
Mls ID: #5128591
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