91 Merry Ln SENewarkOH43056
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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 Newark at 91 Merry Ln SE, Newark, OH, 43056 earns $291/mo cash flow from $2,461/mo rent with a $1,615/mo payment. Total monthly income totals $2,461/mo, and annual cash flow totals $3,486/yr on $109,395 capital. ROI tracks 23.1% on current figures, and rental yield reads 8.95% at a $330,000 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,173 over five years. Five-year ROI reaches 120.45% and total cumulative return in cash sums $131,771. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,461/mo property income instead of your personal income.
Single Family
Built in 1968
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43056, Heath, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,591 (100%) |
| Owner Occupied HU | 5,490 (72.3%) |
| Renter Occupied HU | 1,816 (23.9%) |
| Vacant Housing Units | 285 ( 3.8%) |
| Median Home Value | $283,417 |
| Average Home Value | $310,703 |
Housing Distribution
Address Breakdown
Residential
7,530
Single Family
7,278
Multi-Family
252
Businesses
601
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Listed by: Tonya M Knoblauch • Red 1 Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225022890
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.