629 Palestine Rd, New Richmond, OH, 45157 | $26/mo Cash Flow

For Sale

Fix & Flip

Ziffy Mortgage

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 Richmond at 629 Palestine Rd, New Richmond, OH, 45157 earns $26/mo cash flow from $2,328/mo rent with a $1,713/mo payment. Total monthly income totals $2,328/mo, and annual cash flow totals $312/yr on $115,992 capital. ROI tracks 20.18% on current figures, and rental yield reads 7.98% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 104.77% and total cumulative return in cash sums $121,530. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,328/mo property income instead of your personal income.

Single Family

Built in 1957

5,183 sqft lot

$N/A/sqft

No HOA