313 Belmont Ave NWNew PhiladelphiaOH44663
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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 Philadelphia at 313 Belmont Ave NW, New Philadelphia, OH, 44663 earns $401/mo cash flow from $1,545/mo rent with a $851/mo payment. Total monthly income totals $1,545/mo, and annual cash flow totals $4,815/yr on $57,648 capital. ROI tracks 28.26% on current figures, and rental yield reads 10.66% at a $173,900 purchase. Equity gained on principal adds $1,122/yr, and 5% annual appreciation supports $48,045 over five years. Five-year ROI reaches 148.21% and total cumulative return in cash sums $85,438. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,545/mo property income instead of your personal income.
Single Family
Built in 1910
3,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44663, New Philadelphia, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,756 (100%) |
| Owner Occupied HU | 7,291 (62.0%) |
| Renter Occupied HU | 3,602 (30.6%) |
| Vacant Housing Units | 863 ( 7.3%) |
| Median Home Value | $199,935 |
| Average Home Value | $233,308 |
Housing Distribution
Address Breakdown
Residential
11,284
Single Family
11,154
Multi-Family
130
Businesses
1,020
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Listed by: Jeffrey P Mathias • Howard Hanna
Mls Name: MLS Now
Mls ID: #5083115