91 Abbey LnNorth LewisburgOH43060
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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 North Lewisburg at 91 Abbey Ln, North Lewisburg, OH, 43060 priced at $259,900 converts $1,826/mo rent into $117/mo cash flow after a $1,272/mo obligation. Total monthly income equals $1,826/mo, and annual cash flow totals $1,398/yr on $86,157 invested. Return on cash invested prints 21.53% in year one, and rental yield reads 8.43% against a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation compiles into $71,806 by year five. Five-year ROI reaches 112.08% and total cumulative return in cash sums $96,562. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,826/mo property income covering a $1,272/mo payment, not borrower’s personal income.
Single Family
Built in 2003
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43060, North Lewisburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,240 (100%) |
| Owner Occupied HU | 877 (70.7%) |
| Renter Occupied HU | 281 (22.7%) |
| Vacant Housing Units | 82 ( 6.6%) |
| Median Home Value | $192,520 |
| Average Home Value | $223,945 |
Housing Distribution
Address Breakdown
Residential
1,007
Single Family
791
Multi-Family
216
Businesses
43
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Listed by: V. Patrick Hamilton • RE/MAX Alliance Realty
Mls Name: WRIST
Mls Provider:
Mls ID: #1038973
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