211 Front Ave SENew PhiladelphiaOH44663
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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 Philadelphia at 211 Front Ave SE, New Philadelphia, OH, 44663 generates $847/mo in rent and, after a $534/mo payment, leaves $130/mo in cash flow. Total monthly income is $847/mo, and annual cash flow is $1,554/yr on $36,134 invested. Return on cash invested sits at 24.21% in year one, and rental yield is 9.32% on a $109,000 entry. Equity gained on principal adds $703/yr, while 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 126.49% and total cumulative return in cash sums $45,706. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $847/mo property income rather than buyer’s personal income.
Single Family
Built in 1909
6,577 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44663, New Philadelphia, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,756 (100%) |
| Owner Occupied HU | 7,291 (62.0%) |
| Renter Occupied HU | 3,602 (30.6%) |
| Vacant Housing Units | 863 ( 7.3%) |
| Median Home Value | $199,935 |
| Average Home Value | $233,308 |
Housing Distribution
Address Breakdown
Residential
11,284
Single Family
11,154
Multi-Family
130
Businesses
1,020
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Listed by: Janet S McConnell • Barnett Inc. Realtors
Mls Name: MLS Now
Mls ID: #5152558