45 Gilberg StNew BremenOH45869
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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 Bremen at 45 Gilberg St, New Bremen, OH, 45869 with 5% annual appreciation on a $439,000 basis while $3,088/mo rent supports operations. Total monthly income totals $3,088/mo and a $2,149/mo payment preserves $200/mo for cash returns. Annual cash flow comes to $2,400/yr on $145,529 deployed, and return on cash invested reaches 21.56% in year one. Equity gained on principal adds $2,833/yr, and five-year appreciation sums $121,288 alongside rental yield of 8.44%. Five-year ROI measures 112.23% and total cumulative return in cash totals $163,328.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,088/mo property income versus a $2,149/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
0.40 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 Provider:
Mls ID: #1033776
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.