247 Kent Cir NENew PhiladelphiaOH44663
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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
Rental property for sale in New Philadelphia at 247 Kent Cir NE, New Philadelphia, OH, 44663 generates $1,554/mo in rent, after a $1,561/mo payment. Total monthly income is $1,554/mo. Return on cash invested sits at 13.74% in year one, and rental yield is 5.85% on a $319,000 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 70.29% and total cumulative return in cash sums $74,329. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,554/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44663, New Philadelphia, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,756 (100%) |
| Owner Occupied HU | 7,291 (62.0%) |
| Renter Occupied HU | 3,602 (30.6%) |
| Vacant Housing Units | 863 ( 7.3%) |
| Median Home Value | $199,935 |
| Average Home Value | $233,308 |
Housing Distribution
Address Breakdown
Residential
11,284
Single Family
11,154
Multi-Family
130
Businesses
1,020
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Listed by: Michael L Watkins • Barnett Inc. Realtors
Mls Name: MLS Now
Mls ID: #5149091