511 N Main 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 511 N Main St, New Bremen, OH, 45869 with 5% annual appreciation on a $297,000 basis while $1,907/mo rent supports operations. 34% in year one. Equity gained on principal adds $1,916/yr, and five-year appreciation sums $82,056 alongside rental yield of 7.71%. Five-year ROI measures 100.33% and total cumulative return in cash totals $98,778. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,907/mo property income versus a $1,454/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1931
10,219 sqft 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: Kristen Massa Richard • Bruns Realty Group, LLC
Mls Name: DABR MLS
Mls ID: #944911