27 S Franklin StNew BremenOH45869
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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
Investment property for sale in New Bremen at 27 S Franklin St, New Bremen, OH, 45869 uses $120,898 cash to close to unlock $14,329/yr annual cash flow and $1,194/mo monthly cash flow. Total monthly income runs $3,593/mo, and a $1,785/mo payment keeps the spread at $1,194/mo. Purchase price stands at $364,700, and rental yield measures 11.82% with $3,593/mo rent. Return on cash invested shows 31.76% in year one, and 5% annual appreciation builds toward $100,760 over five years. Five-year ROI reaches 166.95% and total cumulative return in cash records $201,837. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,593/mo property income covering a $1,785/mo payment rather than investor’s personal income.
Single Family
Built in 1873
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45869, New Bremen, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,875 (100%) |
| Owner Occupied HU | 1,478 (78.8%) |
| Renter Occupied HU | 296 (15.8%) |
| Vacant Housing Units | 101 ( 5.4%) |
| Median Home Value | $259,420 |
| Average Home Value | $301,534 |
Housing Distribution
Address Breakdown
Residential
1,788
Single Family
1,788
Multi-Family
0
Businesses
128
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Listed by: Timothy Eiting • Eiting Real Estate
Mls Name: WRIST
Mls Provider:
Mls ID: #1033442
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.