410 Eastern AveNew LexingtonOH43764
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 New Lexington at 410 Eastern Ave, New Lexington, OH, 43764 priced at $194,000 pairs $1,560/mo rent with $283/mo cash flow after a $950/mo payment. Total monthly income equals $1,560/mo, and annual cash flow comes to $3,401/yr on $64,311 invested. Return on cash invested is 25.2% in year one, and rental yield stands at 9.65% on a $194,000 basis. Equity gained on principal adds $1,252/yr, and 5% annual appreciation accumulates to $53,599 by year five. Five-year ROI measures 131.77% and total cumulative return in cash reaches $84,740. For financing, Ziffy Mortgage’s DSCR program evaluates $1,560/mo property income against a $950/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43764, New Lexington, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,614 (100%) |
| Owner Occupied HU | 2,303 (63.7%) |
| Renter Occupied HU | 1,023 (28.3%) |
| Vacant Housing Units | 288 ( 8.0%) |
| Median Home Value | $162,197 |
| Average Home Value | $199,648 |
Housing Distribution
Address Breakdown
Residential
3,169
Single Family
3,070
Multi-Family
99
Businesses
292
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Nearby investment properties with comparable prices
Listed by: Tana Lantry • Ohio Broker Direct
Mls Name: MLS Now
Mls Provider:
Mls ID: #5100287
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