601 Milton BlvdNewton FallsOH44444
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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 Newton Falls at 601 Milton Blvd, Newton Falls, OH, 44444 earns $1,105/mo cash flow from $2,257/mo rent with a $857/mo payment. Total monthly income totals $2,257/mo, and annual cash flow totals $13,265/yr on $58,013 capital. ROI tracks 42.77% on current figures, and rental yield reads 15.48% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 226.02% and total cumulative return in cash sums $131,119. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,257/mo property income instead of your personal income.
Single Family
Built in 1901
1.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44444, Newton Falls, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,541 (100%) |
| Owner Occupied HU | 2,850 (62.8%) |
| Renter Occupied HU | 1,240 (27.3%) |
| Vacant Housing Units | 451 ( 9.9%) |
| Median Home Value | $148,354 |
| Average Home Value | $179,702 |
Housing Distribution
Address Breakdown
Residential
4,522
Single Family
4,140
Multi-Family
382
Businesses
252
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Listed by: Kyle M. Recker • Howard Hanna - Port Clinton
Mls Name: Firelands MLS
Mls ID: #20250615
Disclaimer: Listing information is deemed reliable, but not guaranteed.