6514-320 State RteNew ParisOH45347
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
Investment property for sale in New Paris at 6514-320 State Rte, New Paris, OH, 45347 listed at $194,900 pairs $1,549/mo rent with a $954/mo payment to leave $267/mo cash flow. Total monthly income runs $1,549/mo, and annual cash flow reaches $3,203/yr on $64,609 cash to close. Return on cash invested measures 24.87% in year one, and rental yield registers 9.54% at a $194,900 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,847 by year five. Five-year ROI tracks 129.92% and total cumulative return in cash totals $83,943. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,549/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45347, New Paris, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,874 (100%) |
| Owner Occupied HU | 1,291 (68.9%) |
| Renter Occupied HU | 400 (21.3%) |
| Vacant Housing Units | 183 ( 9.8%) |
| Median Home Value | $157,884 |
| Average Home Value | $218,224 |
Housing Distribution
Address Breakdown
Residential
1,811
Single Family
1,779
Multi-Family
32
Businesses
82
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela Powell • Howard Hanna Real Estate Serv
Mls Name: DABR MLS
Mls Provider:
Mls ID: #926364
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. Copyright Dayton Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.