217 S Washington StNew BremenOH45869
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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 Bremen at 217 S Washington St, New Bremen, OH, 45869 with 5% annual appreciation on a $327,000 basis while $1,988/mo rent supports operations. 1% in year one. Equity gained on principal adds $2,110/yr, and five-year appreciation sums $90,344 alongside rental yield of 7.3%. Five-year ROI measures 93.67% and total cumulative return in cash totals $101,537. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,988/mo property income versus a $1,601/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1910
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45869, New Bremen, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,875 (100%) |
| Owner Occupied HU | 1,478 (78.8%) |
| Renter Occupied HU | 296 (15.8%) |
| Vacant Housing Units | 101 ( 5.4%) |
| Median Home Value | $259,420 |
| Average Home Value | $301,534 |
Housing Distribution
Address Breakdown
Residential
1,788
Single Family
1,788
Multi-Family
0
Businesses
128
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Listed by: Gay Smith • Gay Smith/Associates
Mls Name: DABR MLS
Mls ID: #946214