2339 Laurel Lindale Rd, New Richmond, OH, 45157 | $428/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

Currently Rented+ 1 more

8 Bed
4 Bath
4900 sft

1815 Clarion Ave, Cincinnati, OH, 45207

3 Bed
2 Bath
1856 sft

1507 Morton Ave, Covington, KY, 41011

3 Bed
1 Bath
886 sft

6077 Branch Hill Guinea Pike, Milford, OH, 45150

3 Bed
1 Bath
1269 sft

4614 Victory Ave, Covington, KY, 41015

Nearby investment properties with comparable prices

2 Bed
2 Bath
1068 sft

9 Meadow Ln SUITE 8, Highland Heights, KY, 41076

2 Bed
2 Bath
1208 sft

104 N Watchtower Dr SUITE 103, Newport, KY, 41076

3 Bed
1 Bath
1000 sft

514 Mason Rd, Taylor Mill, KY, 41015

2 Bed
1 Bath
900 sft

377 Linden Ave, Southgate, KY, 41071

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in New Richmond at 2339 Laurel Lindale Rd, New Richmond, OH, 45157 offers a 10.28% rental yield on a $215,000 purchase with $1,842/mo rent. Total monthly income registers $1,842/mo, and a $1,052/mo payment leaves $428/mo available for distribution. Annual cash flow reaches $5,137/yr on $71,273 to close, and return on cash invested stands at 27.12% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 142.05% and total cumulative return in cash at $101,245. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,842/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 1999

1 Acres lot

$N/A/sqft

No HOA