642 Jordan Dr NWNew PhiladelphiaOH44663
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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 New Philadelphia at 642 Jordan Dr NW, New Philadelphia, OH, 44663 offers $1,554/mo rent that, after a $1,072/mo payment, leaves $113/mo cash flow. Total monthly income is $1,554/mo, and annual cash flow is $1,360/yr on $72,599 cash. Return on cash invested measures 21.78% in year one, and rental yield stands at 8.52% at a $219,000 entry. Equity gained on principal adds $1,413/yr while 5% annual appreciation compounds into $60,506 by year five. Five-year ROI records 113.44% and total cumulative return in cash reaches $82,353. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,554/mo property income versus a $1,072/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44663, New Philadelphia, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,756 (100%) |
| Owner Occupied HU | 7,291 (62.0%) |
| Renter Occupied HU | 3,602 (30.6%) |
| Vacant Housing Units | 863 ( 7.3%) |
| Median Home Value | $199,935 |
| Average Home Value | $233,308 |
Housing Distribution
Address Breakdown
Residential
11,284
Single Family
11,154
Multi-Family
130
Businesses
1,020
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Listed by: Shonda C Davis • Keller Williams Legacy Group Realty
Mls Name: MLS Now
Mls ID: #5168776