40 W Main St, New Lebanon, OH, 45345 | 6.15% Rental Yield

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 Lebanon at 40 W Main St, New Lebanon, OH, 45345 offers a 6.15% rental yield on a $199,000 purchase with $1,020/mo rent. 65% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 75.24% and total cumulative return in cash at $49,638. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,020/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Home Type Unknown

Built in 1911

0.28 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 45345, New Lebanon, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,630 (100%)
Owner Occupied HU	1,845 (70.2%)
Renter Occupied HU	627 (23.8%)
Vacant Housing Units	158 ( 6.0%)
Median Home Value	$190,094
Average Home Value	$220,337