305 E Newell StWest LibertyOH43357
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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 West Liberty at 305 E Newell St, West Liberty, OH, 43357 priced at $232,000 pairs $1,997/mo rent with $470/mo cash flow after a $1,136/mo payment. Total monthly income equals $1,997/mo, and annual cash flow comes to $5,646/yr on $76,908 invested. Return on cash invested is 27.25% in year one, and rental yield stands at 10.33% on a $232,000 basis. Equity gained on principal adds $1,497/yr, and 5% annual appreciation accumulates to $64,097 by year five. Five-year ROI measures 142.75% and total cumulative return in cash reaches $109,787. For financing, Ziffy Mortgage’s DSCR program evaluates $1,997/mo property income against a $1,136/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43357, West Liberty, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,987 (100%) |
| Owner Occupied HU | 1,472 (74.1%) |
| Renter Occupied HU | 425 (21.4%) |
| Vacant Housing Units | 90 ( 4.5%) |
| Median Home Value | $231,618 |
| Average Home Value | $283,984 |
Housing Distribution
Address Breakdown
Residential
1,824
Single Family
1,777
Multi-Family
47
Businesses
115
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Listed by: Kassidie Morgan • Bell Hankins Realty Group, LLC
Mls Name: WRIST
Mls Provider:
Mls ID: #1040083
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.