905 Bellows DrNew CarlisleOH45344
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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 Carlisle at 905 Bellows Dr, New Carlisle, OH, 45344 uses $41,438 cash to close to unlock $11,275/yr annual cash flow and $940/mo monthly cash flow. Total monthly income runs $1,762/mo, and a $612/mo payment keeps the spread at $940/mo. Purchase price stands at $125,000, and rental yield measures 16.92% with $1,762/mo rent. Return on cash invested shows 47.12% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 249.32% and total cumulative return in cash records $103,313. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,762/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1960
8,058 sqft 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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