260 Yorkwood DrNew LebanonOH45345
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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 Lebanon at 260 Yorkwood Dr, New Lebanon, OH, 45345 priced at $175,000 pairs $1,621/mo rent with $469/mo cash flow after a $857/mo payment. Total monthly income equals $1,621/mo, and annual cash flow comes to $5,633/yr on $58,013 invested. Return on cash invested is 29.62% in year one, and rental yield stands at 11.12% on a $175,000 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,349 by year five. Five-year ROI measures 155.46% and total cumulative return in cash reaches $90,187. For financing, Ziffy Mortgage’s DSCR program evaluates $1,621/mo property income against a $857/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45345, New Lebanon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,630 (100%) |
| Owner Occupied HU | 1,845 (70.2%) |
| Renter Occupied HU | 627 (23.8%) |
| Vacant Housing Units | 158 ( 6.0%) |
| Median Home Value | $190,094 |
| Average Home Value | $220,337 |
Housing Distribution
Address Breakdown
Residential
2,625
Single Family
2,603
Multi-Family
22
Businesses
132
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Listed by: Savanna Perkins • Red 1 Realty
Mls Name: DABR MLS
Mls ID: #948211