688 New State Rd SNorth FairfieldOH44855








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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 North Fairfield at 688 New State Rd S, North Fairfield, OH, 44855 uses $66,267 cash to close to unlock $1,662/yr annual cash flow and $139/mo monthly cash flow. Total monthly income runs $1,453/mo, and a $978/mo payment keeps the spread at $139/mo. Purchase price stands at $199,900, and rental yield measures 8.72% with $1,453/mo rent. Return on cash invested shows 22.42% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 116.82% and total cumulative return in cash records $77,413. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,453/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in N/A
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44855, North Fairfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 444 (100%) |
| Owner Occupied HU | 340 (76.6%) |
| Renter Occupied HU | 60 (13.5%) |
| Vacant Housing Units | 44 ( 9.9%) |
| Median Home Value | $169,149 |
| Average Home Value | $182,382 |
Housing Distribution
Address Breakdown
Residential
432
Single Family
432
Multi-Family
0
Businesses
20
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Nearby investment properties with comparable prices



Listed by: Kimberly Thompson-barley • Sluss Realty
Mls Name: MAR
Mls Provider:
Mls ID: #9067114
Disclaimer: Copyright Mansfield Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.








