625 Country Club Dr APT H3NewarkOH43055
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
Rental property for sale in Newark at 625 Country Club Dr APT H3, Newark, OH, 43055 priced at $145,900 converts $1,408/mo rent into $171/mo cash flow after a $714/mo obligation. Total monthly income equals $1,408/mo, and annual cash flow totals $2,057/yr on $48,366 invested. Return on cash invested prints 24.16% in year one, and rental yield reads 11.58% against a $145,900 entry. Equity gained on principal adds $941/yr, while 5% annual appreciation compiles into $40,309 by year five. Five-year ROI reaches 128.7% and total cumulative return in cash sums $62,247. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,408/mo property income covering a $714/mo payment, not borrower’s personal income.
Condo
Built in 1975
N/A lot
$N/A/sqft
$277 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43055, Newark, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,794 (100%) |
| Owner Occupied HU | 16,255 (58.5%) |
| Renter Occupied HU | 9,983 (35.9%) |
| Vacant Housing Units | 1,556 ( 5.6%) |
| Median Home Value | $217,191 |
| Average Home Value | $276,571 |
Housing Distribution
Address Breakdown
Residential
26,870
Single Family
25,723
Multi-Family
1,147
Businesses
1,524
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karla Norris • Howard Hanna Real Estate Services
Mls Name: MLS Now
Mls Provider:
Mls ID: #5077670
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2025 - Multiple Listing Service, Inc. All Rights Reserved.