465 Spaulding AveNewcomerstownOH43832
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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 Newcomerstown at 465 Spaulding Ave, Newcomerstown, OH, 43832 at $149,000 posts ROI 13.6% with from $720/mo rent. Total monthly income equals $720/mo. Return on cash invested measures 13.6% and rental yield reads 5.8% at the current $149,000. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 by year five. Five-year ROI prints 69.56% and total cumulative return in cash totals $34,360. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $720/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43832, Newcomerstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,324 (100%) |
| Owner Occupied HU | 2,098 (63.1%) |
| Renter Occupied HU | 830 (25.0%) |
| Vacant Housing Units | 396 (11.9%) |
| Median Home Value | $165,302 |
| Average Home Value | $237,464 |
Housing Distribution
Address Breakdown
Residential
3,151
Single Family
3,078
Multi-Family
73
Businesses
199
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Listed by: Michael L Watkins • Barnett Inc. Realtors
Mls Name: MLS Now
Mls ID: #5148095