2354 Franklin Laurel Rd, New Richmond, OH, 45157 | 3.01% Rental Yield

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New Richmond at 2354 Franklin Laurel Rd, New Richmond, OH, 45157 offers a 3.01% rental yield on a $575,000 purchase with $1,440/mo rent. 2% in year one. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,862 over five years. Portfolio math shows five-year ROI at 24.49% and total cumulative return in cash at $46,331. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,440/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2001

5.25 Acres lot

$N/A/sqft

No HOA