5485 Mulligans Bluff RdNeyOH43549
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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
Rental property for sale in Ney at 5485 Mulligans Bluff Rd, Ney, OH, 43549 generates $1,602/mo in rent, after a $1,512/mo payment. Total monthly income is $1,602/mo. Return on cash invested sits at 14.87% in year one, and rental yield is 6.22% on a $309,000 entry. Equity gained on principal adds $1,994/yr, while 5% annual appreciation builds toward $85,371 over five years. Five-year ROI reaches 76.32% and total cumulative return in cash sums $78,173. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,602/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
2.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43549, Ney, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 552 (100%) |
| Owner Occupied HU | 445 (80.6%) |
| Renter Occupied HU | 54 ( 9.8%) |
| Vacant Housing Units | 53 ( 9.6%) |
| Median Home Value | $189,236 |
| Average Home Value | $213,478 |
Housing Distribution
Address Breakdown
Residential
402
Single Family
402
Multi-Family
0
Businesses
22
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Listed by: Julie Dominique • Elias H. Frey & Sons, Inc.
Mls Name: NORIS
Mls ID: #6123861
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. Information is deemed reliable but not guaranteed. 2024 NORIS. All rights reserved.