328 Lincoln PlNorth LewisburgOH43060
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
Rental property for sale in North Lewisburg at 328 Lincoln Pl, North Lewisburg, OH, 43060 offers $2,105/mo rent that, after a $1,542/mo payment, leaves $33/mo cash flow. Total monthly income is $2,105/mo, and annual cash flow is $393/yr on $104,423 cash. Return on cash invested measures 20.29% in year one, and rental yield stands at 8.02% at a $315,000 entry. Equity gained on principal adds $2,033/yr while 5% annual appreciation compounds into $87,029 by year five. Five-year ROI records 105.38% and total cumulative return in cash reaches $110,045. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,105/mo property income versus a $1,542/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43060, North Lewisburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,240 (100%) |
| Owner Occupied HU | 877 (70.7%) |
| Renter Occupied HU | 281 (22.7%) |
| Vacant Housing Units | 82 ( 6.6%) |
| Median Home Value | $192,520 |
| Average Home Value | $223,945 |
Housing Distribution
Address Breakdown
Residential
1,007
Single Family
791
Multi-Family
216
Businesses
43
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Listed by: Eileen Hatfield • e-Merge Real Estate
Mls Name: WRIST
Mls ID: #1041230