58934 Township Road 248NewcomerstownOH43832
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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 Newcomerstown at 58934 Township Road 248, Newcomerstown, OH, 43832 listed at $334,000 pairs $1,480/mo rent with a $1,635/mo payment. Total monthly income runs $1,480/mo. Return on cash invested measures 12.14% in year one, and rental yield registers 5.32% at a $334,000 basis. Equity gained on principal adds $2,155/yr, and annual property appreciation at 5% supports $92,278 by year five. Five-year ROI tracks 61.66% and total cumulative return in cash totals $68,274. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,480/mo property income relative to a $1,635/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1880
15.02 Acres 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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Listed by: Ryan J Ruehle • EXP Realty, LLC
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225026758
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.