201 E German StNew KnoxvilleOH45871
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 201 E German St, New Knoxville, OH, 45871 in New Knoxville worth modelling. At $204,700 with a 8.93% gross yield, the $1,523/mo rent leaves $176/mo after the $920/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.66 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $56,555 by year five; $1,885/yr in principal reduction adds further equity. Total projected return: $89,382.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.2% |
| Monthly Cash Flow | $176 | $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 | $1,523 |
| Total Monthly Debt Service | $1,265 |
| DSCR Ratio | 1.20x |
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.
Single Family
Built in 1910
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45871, New Knoxville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 788 (100%) |
| Owner Occupied HU | 604 (76.6%) |
| Renter Occupied HU | 154 (19.5%) |
| Vacant Housing Units | 30 ( 3.8%) |
| Median Home Value | $235,057 |
| Average Home Value | $274,797 |
Housing Distribution
Address Breakdown
Residential
485
Single Family
485
Multi-Family
0
Businesses
47
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
Single Family
Built in 1910
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45871, New Knoxville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 788 (100%) |
| Owner Occupied HU | 604 (76.6%) |
| Renter Occupied HU | 154 (19.5%) |
| Vacant Housing Units | 30 ( 3.8%) |
| Median Home Value | $235,057 |
| Average Home Value | $274,797 |
Housing Distribution
Address Breakdown
Residential
485
Single Family
485
Multi-Family
0
Businesses
47
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Timothy Eiting • Eiting Real Estate
Mls Name: WRIST
Mls ID: #1040636