275 Fox Creek RdNew ConcordOH43762
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Nearby investment properties with comparable prices
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 Concord at 275 Fox Creek Rd, New Concord, OH, 43762 with 5% annual appreciation on a $197,000 basis while $1,800/mo rent supports operations. Total monthly income totals $1,800/mo and a $964/mo payment preserves $504/mo for cash returns. Annual cash flow comes to $6,053/yr on $65,306 deployed, and return on cash invested reaches 29.18% in year one. Equity gained on principal adds $1,271/yr, and five-year appreciation sums $54,427 alongside rental yield of 10.96%. Five-year ROI measures 153.11% and total cumulative return in cash totals $99,986.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,800/mo property income versus a $964/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43762, New Concord, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,994 (100%) |
| Owner Occupied HU | 1,353 (67.9%) |
| Renter Occupied HU | 452 (22.7%) |
| Vacant Housing Units | 189 ( 9.5%) |
| Median Home Value | $282,478 |
| Average Home Value | $310,222 |
Housing Distribution
Address Breakdown
Residential
1,893
Single Family
1,885
Multi-Family
8
Businesses
138
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Listed by: Lauren Judd • Leonard and Newland Real Estate Services
Mls Name: MLS Now
Mls ID: #5142218