202 N Center StNew WashingtonOH44854
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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
Investment Highlights
Rental property for sale in New Washington at 202 N Center St, New Washington, OH, 44854 offers $1,518/mo rent that, after a $1,101/mo payment, leaves $38/mo cash flow. Total monthly income is $1,518/mo, and annual cash flow is $459/yr on $74,588 cash. Return on cash invested measures 20.52% in year one, and rental yield stands at 8.1% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 106.69% and total cumulative return in cash reaches $79,581. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,518/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44854, New Washington, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 739 (100%) |
| Owner Occupied HU | 570 (77.1%) |
| Renter Occupied HU | 125 (16.9%) |
| Vacant Housing Units | 44 ( 6.0%) |
| Median Home Value | $145,703 |
| Average Home Value | $181,820 |
Housing Distribution
Address Breakdown
Residential
639
Single Family
639
Multi-Family
0
Businesses
46
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Listed by: Mark Yosick • Garberick Realty LLC.
Mls Name: MAR
Mls ID: #9069830