8895 State Route 40New CarlisleOH45344
Nearby investment properties with comparable rents
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 New Carlisle at 8895 State Route 40, New Carlisle, OH, 45344 earns from $2,352/mo rent with a $2,619/mo payment. Total monthly income totals $2,352/mo. ROI tracks 12.1% on current figures, and rental yield reads 5.28% at a $535,000 purchase. Equity gained on principal adds $3,452/yr, and 5% annual appreciation supports $147,811 over five years. Five-year ROI reaches 61.46% and total cumulative return in cash sums $108,184. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,352/mo property income instead of your personal income.
Single Family
Built in 1975
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45344, New Carlisle, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,988 (100%) |
| Owner Occupied HU | 5,167 (73.9%) |
| Renter Occupied HU | 1,426 (20.4%) |
| Vacant Housing Units | 395 ( 5.7%) |
| Median Home Value | $176,764 |
| Average Home Value | $234,341 |
Housing Distribution
Address Breakdown
Residential
6,926
Single Family
6,651
Multi-Family
275
Businesses
319
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Nearby investment properties with comparable prices
Listed by: Julia E Caserta • Irongate Inc.
Mls Name: DABR MLS
Mls ID: #940053