6897 Us Highway 40New ParisOH45347
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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 New Paris at 6897 Us Highway 40, New Paris, OH, 45347 earns from $0/mo rent with a $1,459/mo payment. Total monthly income totals $0/mo. ROI tracks -3.91% on current figures, and rental yield reads 0% at a $298,000 purchase. Equity gained on principal adds $1,923/yr, and 5% annual appreciation supports $82,332 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 1956
3 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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No similar rental properties found nearby.
Nearby investment properties with comparable prices