21 E Maple AveNew ConcordOH43762
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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
Investment property for sale in New Concord at 21 E Maple Ave, New Concord, OH, 43762 offers a 11.07% rental yield on a $223,700 purchase with $2,063/mo rent. Total monthly income registers $2,063/mo, and a $1,095/mo payment leaves $591/mo available for distribution. Annual cash flow reaches $7,097/yr on $74,157 to close, and return on cash invested stands at 29.48% in year one. Equity gained on principal adds $1,444/yr while 5% annual appreciation supports $61,804 over five years. Portfolio math shows five-year ROI at 154.7% and total cumulative return in cash at $114,717. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,063/mo property income against a $1,095/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1901
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43762, New Concord, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,994 (100%) |
| Owner Occupied HU | 1,353 (67.9%) |
| Renter Occupied HU | 452 (22.7%) |
| Vacant Housing Units | 189 ( 9.5%) |
| Median Home Value | $282,478 |
| Average Home Value | $310,222 |
Housing Distribution
Address Breakdown
Residential
1,893
Single Family
1,885
Multi-Family
8
Businesses
138
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Listed by: N/A • N/A
Mls Name: NextHome
Mls Provider:
Mls ID: #5127882