3703 Centerville Newman RdProspectOH43342
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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 Prospect at 3703 Centerville Newman Rd, Prospect, OH, 43342 offers a 6.44% rental yield on a $234,900 purchase with $1,260/mo rent. 51% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,899 over five years. Portfolio math shows five-year ROI at 79.79% and total cumulative return in cash at $62,133. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,260/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43342, Prospect, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,331 (100%) |
| Owner Occupied HU | 1,040 (78.1%) |
| Renter Occupied HU | 194 (14.6%) |
| Vacant Housing Units | 97 ( 7.3%) |
| Median Home Value | $262,963 |
| Average Home Value | $321,389 |
Housing Distribution
Address Breakdown
Residential
1,344
Single Family
1,344
Multi-Family
0
Businesses
44
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Listed by: Ryan J Ruehle • EXP Realty, LLC
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224040314
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. Information is deemed reliable but not guaranteed.