2223 Newark RdUticaOH43080
Nearby investment properties with comparable rents
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
Investment property for sale in Utica at 2223 Newark Rd, Utica, OH, 43080 earns $1,566/mo cash flow from $4,526/mo rent with a $2,203/mo payment. Total monthly income totals $4,526/mo, and annual cash flow totals $18,786/yr on $149,175 capital. ROI tracks 32.5% on current figures, and rental yield reads 12.07% at a $450,000 purchase. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 over five years. Five-year ROI reaches 170.89% and total cumulative return in cash sums $254,922. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,526/mo property income instead of your personal income.
Single Family
Built in 2011
6.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43080, Utica, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,365 (100%) |
| Owner Occupied HU | 1,697 (71.8%) |
| Renter Occupied HU | 481 (20.3%) |
| Vacant Housing Units | 187 ( 7.9%) |
| Median Home Value | $286,210 |
| Average Home Value | $532,577 |
Housing Distribution
Address Breakdown
Residential
1,740
Single Family
1,700
Multi-Family
40
Businesses
117
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sam Miller • Re/Max Stars
Mls Name: KCBR
Mls ID: #20240481
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.