7661 E State Route 245North LewisburgOH43060
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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 North Lewisburg at 7661 E State Route 245, North Lewisburg, OH, 43060 earns from $1,410/mo rent with a $1,884/mo payment. Total monthly income totals $1,410/mo. ROI tracks 9.36% on current figures, and rental yield reads 4.4% at a $384,900 purchase. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,341 over five years. Five-year ROI reaches 46.79% and total cumulative return in cash sums $59,703. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,410/mo property income instead of your personal income.
Single Family
Built in 1962
2.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43060, North Lewisburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,240 (100%) |
| Owner Occupied HU | 877 (70.7%) |
| Renter Occupied HU | 281 (22.7%) |
| Vacant Housing Units | 82 ( 6.6%) |
| Median Home Value | $192,520 |
| Average Home Value | $223,945 |
Housing Distribution
Address Breakdown
Residential
1,007
Single Family
791
Multi-Family
216
Businesses
43
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Nearby investment properties with comparable prices
Listed by: Cory Burch • Choice Properties Real Estate
Mls Name: WRIST
Mls ID: #1043142