411 Canal StNew BremenOH45869
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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
Investment property for sale in New Bremen at 411 Canal St, New Bremen, OH, 45869 at $297,900 posts ROI 22.05% with $177/mo cash flow from $2,136/mo rent. Total monthly income equals $2,136/mo, and annual cash flow records $2,118/yr on $98,754 to close. Return on cash invested measures 22.05% and rental yield reads 8.6% at the current $297,900. Equity gained on principal adds $1,922/yr, and 5% annual appreciation supports $82,304 by year five. Five-year ROI prints 114.87% and total cumulative return in cash totals $113,437.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,136/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1975
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45869, New Bremen, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,875 (100%) |
| Owner Occupied HU | 1,478 (78.8%) |
| Renter Occupied HU | 296 (15.8%) |
| Vacant Housing Units | 101 ( 5.4%) |
| Median Home Value | $259,420 |
| Average Home Value | $301,534 |
Housing Distribution
Address Breakdown
Residential
1,788
Single Family
1,788
Multi-Family
0
Businesses
128
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Listed by: Tim P. Hemmelgarn • Hemmelgarn Real Estate
Mls Name: WRIST
Mls ID: #1039876