223 Romans RdNew ViennaOH45159
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
Rental property for sale in New Vienna at 223 Romans Rd, New Vienna, OH, 45159 offers $3,578/mo rent that, after a $2,423/mo payment, leaves $322/mo cash flow. Total monthly income is $3,578/mo, and annual cash flow is $3,861/yr on $164,093 cash. Return on cash invested measures 22.26% in year one, and rental yield stands at 8.67% at a $495,000 entry. Equity gained on principal adds $3,194/yr while 5% annual appreciation compounds into $136,759 by year five. Five-year ROI records 115.97% and total cumulative return in cash reaches $190,294. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,578/mo property income versus a $2,423/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45159, New Vienna, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,389 (100%) |
| Owner Occupied HU | 1,002 (72.1%) |
| Renter Occupied HU | 306 (22.0%) |
| Vacant Housing Units | 81 ( 5.8%) |
| Median Home Value | $199,000 |
| Average Home Value | $255,294 |
Housing Distribution
Address Breakdown
Residential
1,219
Single Family
1,184
Multi-Family
35
Businesses
47
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Listed by: Marsha L Bennett • Coldwell Banker Heritage
Mls Name: DABR MLS
Mls ID: #949740