9324 Butler RdNewarkOH43055
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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 9324 Butler Rd, Newark, OH, 43055 earns $123/mo cash flow from $1,537/mo rent with a $1,052/mo payment. Total monthly income totals $1,537/mo, and annual cash flow totals $1,477/yr on $71,273 capital. ROI tracks 21.98% on current figures, and rental yield reads 8.58% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 114.53% and total cumulative return in cash sums $81,625. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,537/mo property income instead of your personal income.
Single Family
Built in 1940
6.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43055, Newark, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,794 (100%) |
| Owner Occupied HU | 16,255 (58.5%) |
| Renter Occupied HU | 9,983 (35.9%) |
| Vacant Housing Units | 1,556 ( 5.6%) |
| Median Home Value | $217,191 |
| Average Home Value | $276,571 |
Housing Distribution
Address Breakdown
Residential
26,870
Single Family
25,723
Multi-Family
1,147
Businesses
1,524
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