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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in New London at 201 E Main St, New London, OH, 44851 offers a 5.82% rental yield on a $235,000 purchase with $1,140/mo rent. 66% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Portfolio math shows five-year ROI at 69.88% and total cumulative return in cash at $54,436. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,140/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44851, New London, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,180 (100%) |
| Owner Occupied HU | 1,526 (70.0%) |
| Renter Occupied HU | 492 (22.6%) |
| Vacant Housing Units | 162 ( 7.4%) |
| Median Home Value | $169,248 |
| Average Home Value | $218,262 |
Residential
2,119
Single Family
2,083
Multi-Family
36
Businesses
115
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Amanda Frye • Coldwell Banker Ward RE
Mls Name: MLS Now
Mls ID: #5162338
