534 Michael Ave, New Washington, OH, 44854 | $360/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New Washington at 534 Michael Ave, New Washington, OH, 44854 offers a 10.98% rental yield on a $139,900 purchase with $1,280/mo rent. Total monthly income registers $1,280/mo, and a $685/mo payment leaves $360/mo available for distribution. Annual cash flow reaches $4,314/yr on $46,377 to close, and return on cash invested stands at 29.21% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,652 over five years. Portfolio math shows five-year ROI at 153.29% and total cumulative return in cash at $71,091. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,280/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1969

0.90 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 44854, New Washington, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	739 (100%)
Owner Occupied HU	570 (77.1%)
Renter Occupied HU	125 (16.9%)
Vacant Housing Units	44 ( 6.0%)
Median Home Value	$145,703
Average Home Value	$181,820