6638 New Burlington RdWaynesvilleOH45068
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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
Investment property for sale in Waynesville at 6638 New Burlington Rd, Waynesville, OH, 45068 offers a 9.16% rental yield on a $189,900 purchase with $1,450/mo rent. Total monthly income registers $1,450/mo, and a $929/mo payment leaves $201/mo available for distribution. Annual cash flow reaches $2,416/yr on $62,952 to close, and return on cash invested stands at 23.75% 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 123.99% and total cumulative return in cash at $78,053. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,450/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 1950
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45068, Waynesville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,961 (100%) |
| Owner Occupied HU | 4,139 (83.4%) |
| Renter Occupied HU | 662 (13.3%) |
| Vacant Housing Units | 160 ( 3.2%) |
| Median Home Value | $416,642 |
| Average Home Value | $472,420 |
Housing Distribution
Address Breakdown
Residential
4,361
Single Family
4,311
Multi-Family
50
Businesses
240
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Listed by: Kevin E Hildebrand • eXp Realty
Mls Name: DABR MLS
Mls ID: #951081