404 S Fuls RdNew LebanonOH45345
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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 New Lebanon at 404 S Fuls Rd, New Lebanon, OH, 45345 with 5% annual appreciation on a $269,900 basis while $2,119/mo rent supports operations. Total monthly income totals $2,119/mo and a $1,321/mo payment preserves $344/mo for cash returns. Annual cash flow comes to $4,124/yr on $89,472 deployed, and return on cash invested reaches 24.52% in year one. Equity gained on principal adds $1,742/yr, and five-year appreciation sums $74,568 alongside rental yield of 9.42%. Five-year ROI measures 128.08% and total cumulative return in cash totals $114,594.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,119/mo property income versus a $1,321/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1979
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 |
Housing Distribution
Address Breakdown
Residential
2,625
Single Family
2,603
Multi-Family
22
Businesses
132
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Listed by: Jeffrey W Fannin • Solutions Plus Realty
Mls Name: DABR MLS
Mls ID: #946683