Aldridge Plan, Ashburn Woods,New Richmond,OH,45157

Investment Highlights

Investment property for sale in New Richmond at Aldridge Plan, Ashburn Woods, New Richmond, OH, 45157 listed at $298,900 pairs $2,365/mo rent with a $1,463/mo payment to leave $399/mo cash flow. Total monthly income runs $2,365/mo, and annual cash flow reaches $4,786/yr on $99,085 cash to close. Return on cash invested measures 24.74% in year one, and rental yield registers 9.49% at a $298,900 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,581 by year five. Five-year ROI tracks 129.25% and total cumulative return in cash totals $128,067. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,365/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).