509 N Church StNew CarlisleOH45344
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
Investment property for sale in New Carlisle at 509 N Church St, New Carlisle, OH, 45344 at $172,500 posts ROI 25.38% with $261/mo cash flow from $1,395/mo rent. Total monthly income equals $1,395/mo, and annual cash flow records $3,127/yr on $57,184 to close. Return on cash invested measures 25.38% and rental yield reads 9.7% at the current $172,500. Equity gained on principal adds $1,113/yr, and 5% annual appreciation supports $47,659 by year five. Five-year ROI prints 132.71% and total cumulative return in cash totals $75,890.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,395/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45344, New Carlisle, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,988 (100%) |
| Owner Occupied HU | 5,167 (73.9%) |
| Renter Occupied HU | 1,426 (20.4%) |
| Vacant Housing Units | 395 ( 5.7%) |
| Median Home Value | $176,764 |
| Average Home Value | $234,341 |
Housing Distribution
Address Breakdown
Residential
6,926
Single Family
6,651
Multi-Family
275
Businesses
319
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Listed by: Mikah Watt • Howard Hanna Real Estate Services
Mls Name: WRIST
Mls Provider:
Mls ID: #1039845
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.