7947 Southland RdNew KnoxvilleOH45871
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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
Total monthly income runs $1,325/mo, and a $1,454/mo payment. Purchase price stands at $297,000, and rental yield measures 5.35% with $1,325/mo rent. Return on cash invested shows 12.24% in year one, and 5% annual appreciation builds toward $82,056 over five years. Five-year ROI reaches 62.28% and total cumulative return in cash records $61,314. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,325/mo property income covering a $1,454/mo payment rather than investor’s personal income.
Single Family
Built in 1956
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45871, New Knoxville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 788 (100%) |
| Owner Occupied HU | 604 (76.6%) |
| Renter Occupied HU | 154 (19.5%) |
| Vacant Housing Units | 30 ( 3.8%) |
| Median Home Value | $235,057 |
| Average Home Value | $274,797 |
Housing Distribution
Address Breakdown
Residential
485
Single Family
485
Multi-Family
0
Businesses
47
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Listed by: Jeffrey Bertke • Eiting Real Estate
Mls Name: WRIST
Mls Provider:
Mls ID: #1039012
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