








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in New London at 2841 Us Highway 162, New London, OH, 44851 generates $1,140/mo in rent, after a $1,708/mo payment. Total monthly income is $1,140/mo. Return on cash invested sits at 7.92% in year one, and rental yield is 3.92% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 39.09% and total cumulative return in cash sums $45,228. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,140/mo property income rather than buyer’s personal income.
Single Family
Built in 1832
6.55 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44851, New London, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,180 (100%) |
| Owner Occupied HU | 1,526 (70.0%) |
| Renter Occupied HU | 492 (22.6%) |
| Vacant Housing Units | 162 ( 7.4%) |
| Median Home Value | $169,248 |
| Average Home Value | $218,262 |
Residential
2,119
Single Family
2,083
Multi-Family
36
Businesses
115
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Andy White • RES Auction Services
Mls Name: My State MLS
Mls ID: #11617201