448 Gregory AveNew LebanonOH45345
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 Lebanon at 448 Gregory Ave, New Lebanon, OH, 45345 offers $1,735/mo rent that, after a $929/mo payment, leaves $486/mo cash flow. Total monthly income is $1,735/mo, and annual cash flow is $5,836/yr on $62,952 cash. Return on cash invested measures 29.18% in year one, and rental yield stands at 10.96% at a $189,900 entry. Equity gained on principal adds $1,225/yr while 5% annual appreciation compounds into $52,466 by year five. Five-year ROI records 153.13% and total cumulative return in cash reaches $96,401. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,735/mo property income versus a $929/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
8,712 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dustin Crank • Real of Ohio
Mls Name: DABR MLS
Mls ID: #945864