2673 State Route 132, New Richmond, OH, 45157 | 7.71% Rental Yield

For Sale

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 2673 State Route 132, New Richmond, OH, 45157 offers a 7.71% rental yield on a $499,999 purchase with $3,214/mo rent. 37% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,141 over five years. Portfolio math shows five-year ROI at 100.46% and total cumulative return in cash at $166,507. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,214/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1988

3.29 Acres lot

$N/A/sqft

No HOA