6514 State Route 320New 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 State Route 320, New Paris, OH, 45347 offers a 9.58% rental yield on a $189,900 purchase with $1,516/mo rent. Total monthly income registers $1,516/mo, and a $929/mo payment leaves $267/mo available for distribution. Annual cash flow reaches $3,208/yr on $62,952 to close, and return on cash invested stands at 25% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 130.74% and total cumulative return in cash at $82,301. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,516/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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Listed by: Angela Powell • Howard Hanna Real Estate Serv
Mls Name: DABR MLS
Mls Provider:
Mls ID: #932298
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.