3769 Prospect Rd, New London, OH, 44851 | $367/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3769 Prospect Rd, New London, OH, 44851 | $367/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New London at 3769 Prospect Rd, New London, OH, 44851 listed at $599,000 pairs $4,307/mo rent with a $2,932/mo payment to leave $367/mo cash flow. Total monthly income runs $4,307/mo, and annual cash flow reaches $4,400/yr on $197,071 cash to close. Return on cash invested measures 22.29% in year one, and rental yield registers 8.63% at a $599,000 basis. Equity gained on principal adds $3,865/yr, and annual property appreciation at 5% supports $165,493 by year five. Five-year ROI tracks 116.11% and total cumulative return in cash totals $228,814. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,307/mo property income relative to a $2,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2016

3.16 Acres lot

$N/A/sqft

No HOA

More details about the property

Nestled In Serene Privacy On 3.2 Acres, This Stunning Barndominium Offers The Perfect Blend Of Rustic Charm & Modern Living. Boasting 5 Spacious Bedrooms & 3.5 Baths, This Home Is Thoughtfully Designed For Comfort & Functionality. The Heart Of The House Features An Open-concept Kitchen Flowing Into The Living Room, With Soaring High Ceilings. The Main Floor Hosts A Large Laundry Room & A Master Suite Complete With A Master Bath And An Expansive Walk-in Closet. Upstairs, You'll Find Well-appointed Bedrooms, Each With A Closet, Alongside An Office Space, A Workout Room, & An Entertainment Room. Craftsmanship Shines Through With Beautiful Woodwork, And The Attached 3-car Garage Provides Ample Space For Vehicles And Storage. Outdoors, The Property Transforms Into A Recreational Haven, Featuring A Shed, Chicken Coop, Back Patio With A Built-in Stone Fire Pit,a Volleyball Court, And Even A Zip Line For Endless Fun. Fiber Optics Internet Ran To The Home !

Neighborhood Data

Neighborhood data shown for ZIP Code: 44851, New London, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,180 (100%)
Owner Occupied HU	1,526 (70.0%)
Renter Occupied HU	492 (22.6%)
Vacant Housing Units	162 ( 7.4%)
Median Home Value	$169,248
Average Home Value	$218,262