50695 Stewart Rd, New London, OH, 44851 | 4.72% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1673 sft

316 Ferrell Ave, Ashland, OH, 44805

2 Bed
1 Bath
1116 sft

307 E 11th St, Ashland, OH, 44805

2 Bed
1 Bath
1118 sft

87 3rd St, New London, OH, 44851

5 Bed
2 Bath
- sft

942 State Route 58, Nankin, OH, 44805

Nearby investment properties with comparable prices

3 Bed
2 Bath
988 sft

3351 W Easton Rd, Burbank, OH, 44214

3 Bed
2 Bath
- sft

710 S Lake St, South Amherst, OH, 44001

3 Bed
2 Bath
1450 sft

795 Jacquie Ln, Norwalk, OH, 44857

3 Bed
1 Bath
1564 sft

1136 Overlook Dr, Ashland, OH, 44805

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in New London at 50695 Stewart Rd, New London, OH, 44851 earns from $1,140/mo rent with a $1,419/mo payment. Total monthly income totals $1,140/mo. ROI tracks 10.33% on current figures, and rental yield reads 4.72% at a $289,900 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 over five years. Five-year ROI reaches 51.98% and total cumulative return in cash sums $49,953. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,140/mo property income instead of your personal income.

Single Family

Built in 1994

8.90 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 44851, New London, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,180 (100%)
Owner Occupied HU	1,526 (70.0%)
Renter Occupied HU	492 (22.6%)
Vacant Housing Units	162 ( 7.4%)
Median Home Value	$169,248
Average Home Value	$218,262