318 N Pleasant StNew LexingtonOH43764
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 Lexington at 318 N Pleasant St, New Lexington, OH, 43764 at $135,000 posts ROI 23.41% with $131/mo cash flow from $1,019/mo rent. Total monthly income equals $1,019/mo, and annual cash flow records $1,569/yr on $44,753 to close. Return on cash invested measures 23.41% and rental yield reads 9.06% at the current $135,000. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 by year five. Five-year ROI prints 122.19% and total cumulative return in cash totals $54,685.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,019/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43764, New Lexington, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,614 (100%) |
| Owner Occupied HU | 2,303 (63.7%) |
| Renter Occupied HU | 1,023 (28.3%) |
| Vacant Housing Units | 288 ( 8.0%) |
| Median Home Value | $162,197 |
| Average Home Value | $199,648 |
Housing Distribution
Address Breakdown
Residential
3,169
Single Family
3,070
Multi-Family
99
Businesses
292
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Listed by: Rex A Everhart • Carol Goff & Associates
Mls Name: MLS Now
Mls ID: #5154636