884 Walnut StNew BavariaOH43548
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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 Bavaria at 884 Walnut St, New Bavaria, OH, 43548 at $259,000 posts ROI 21.56% with $118/mo cash flow from $1,822/mo rent. Total monthly income equals $1,822/mo, and annual cash flow records $1,416/yr on $85,859 to close. Return on cash invested measures 21.56% and rental yield reads 8.44% at the current $259,000. Equity gained on principal adds $1,671/yr, and 5% annual appreciation supports $71,557 by year five. Five-year ROI prints 112.26% and total cumulative return in cash totals $96,388.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,822/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
0.27 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 43548, New Bavaria, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 282 (100%) |
| Owner Occupied HU | 246 (87.2%) |
| Renter Occupied HU | 33 (11.7%) |
| Vacant Housing Units | 3 ( 1.1%) |
| Median Home Value | $175,926 |
| Average Home Value | $187,724 |
Housing Distribution
Address Breakdown
Residential
268
Single Family
268
Multi-Family
0
Businesses
12
Price History
Date | Event | Price |
|---|---|---|
| 2024-09-19 | Listed for sale | $259,000 |
| 2020-05-28 | Sold | $135,600 |
| 2017-03-16 | Sold | $50,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $1278.48 | -4.02% | $32,340 | 14.48% |
| 2022-10-15 | $1332.04 | -8.72% | $28,250 | N/A |
| 2021-10-15 | $1459.34 | 18.07% | $28,250 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1900
- Architectural Style: Traditional,One Story
- Building Area: N/A
- Living Area: 2,357 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air, Propane
- Cooling: Central Air
- Flooring: N/A
- Interior Features: Attic, Bath in Primary Bedroom, Walk-In Closet(s)
- Exterior Features: N/A
- Parking Features: Attached, Concrete, Driveway, Detached, Garage
Location
- City: New Bavaria
- State: OH
- Subdivision: None
- Lot Size: 0.27 Acres
- Lot Features: Corner Lot
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Septic Tank
- Water Source: Well
- Road Surface Type: N/A
School Information
- Elementary School: Holgate
- Middle School: N/A
- High School: Holgate
Listed by: Sean D Skiver • AmeriMade Realty, LLC
Mls Name: NORIS
Mls ID: #6120803
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2024 NORIS. All rights reserved.