202 Jefferson StNew MadisonOH45346
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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 Madison at 202 Jefferson St, New Madison, OH, 45346 offers $988/mo rent that, after a $587/mo payment, leaves $199/mo cash flow. Total monthly income is $988/mo, and annual cash flow is $2,390/yr on $39,747 cash. Return on cash invested measures 25.92% in year one, and rental yield stands at 9.89% at a $119,900 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,126 by year five. Five-year ROI records 135.71% and total cumulative return in cash reaches $53,940. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $988/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
5,606 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45346, New Madison, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 915 (100%) |
| Owner Occupied HU | 664 (72.6%) |
| Renter Occupied HU | 148 (16.2%) |
| Vacant Housing Units | 103 (11.3%) |
| Median Home Value | $196,500 |
| Average Home Value | $279,838 |
Housing Distribution
Address Breakdown
Residential
816
Single Family
816
Multi-Family
0
Businesses
45
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Listed by: Andrew Gaydosh • eXp Realty
Mls Name: DABR MLS
Mls ID: #950584