780 S Friendship DrNew ConcordOH43762
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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
Rental property for sale in New Concord at 780 S Friendship Dr, New Concord, OH, 43762 priced at $517,000 converts $2,207/mo rent into after a $2,530/mo obligation. Total monthly income equals $2,207/mo. Return on cash invested prints 11.64% in year one, and rental yield reads 5.12% against a $517,000 entry. Equity gained on principal adds $3,336/yr, while 5% annual appreciation compiles into $142,838 by year five. Five-year ROI reaches 58.99% and total cumulative return in cash sums $100,337. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,207/mo property income covering a $2,530/mo payment, not borrower’s personal income.
Single Family
Built in 1977
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43762, New Concord, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,994 (100%) |
| Owner Occupied HU | 1,353 (67.9%) |
| Renter Occupied HU | 452 (22.7%) |
| Vacant Housing Units | 189 ( 9.5%) |
| Median Home Value | $282,478 |
| Average Home Value | $310,222 |
Housing Distribution
Address Breakdown
Residential
1,893
Single Family
1,885
Multi-Family
8
Businesses
138
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Listed by: Jason Bambeck • Howard Hanna
Mls Name: MLS Now
Mls ID: #5042488