315 W Monroe StNew BremenOH45869
Nearby investment properties with comparable rents
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 Bremen at 315 W Monroe St, New Bremen, OH, 45869 uses $79,560 cash to close to unlock $3,816/yr annual cash flow and $318/mo monthly cash flow. Total monthly income runs $1,897/mo, and a $1,175/mo payment keeps the spread at $318/mo. Purchase price stands at $240,000, and rental yield measures 9.49% with $1,897/mo rent. Return on cash invested shows 24.71% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 129.05% and total cumulative return in cash records $102,674. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,897/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Single Family
Built in 1900
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tony Luebke • Emerson Wagner Reality Co.
Mls Name: WCAR OH
Mls ID: #308668