516 Mulvane StNewcomerstownOH43832
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 Newcomerstown at 516 Mulvane St, Newcomerstown, OH, 43832 at $161,000 posts ROI 22.76% with $127/mo cash flow from $1,186/mo rent. Total monthly income equals $1,186/mo, and annual cash flow records $1,524/yr on $53,372 to close. Return on cash invested measures 22.76% and rental yield reads 8.84% at the current $161,000. Equity gained on principal adds $1,039/yr, and 5% annual appreciation supports $44,481 by year five. Five-year ROI prints 118.65% and total cumulative return in cash totals $63,327.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,186/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
6,098 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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Nearby investment properties with comparable prices
Listed by: Matthias Sterzer • Kaufman Realty & Auction, LLC.
Mls Name: MLS Now
Mls Provider:
Mls ID: #5160157
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