Harmony Plan, Reserve at Honey CreekNew 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
Rental property for sale in New Carlisle at Harmony Plan, Reserve at Honey Creek, New Carlisle, OH, 45344 priced at $312,900 converts $2,646/mo rent into $588/mo cash flow after a $1,531/mo obligation. Total monthly income equals $2,646/mo, and annual cash flow totals $7,059/yr on $103,726 invested. Return on cash invested prints 26.71% in year one, and rental yield reads 10.15% against a $312,900 entry. Equity gained on principal adds $2,019/yr, while 5% annual appreciation compiles into $86,449 by year five. Five-year ROI reaches 139.87% and total cumulative return in cash sums $145,086. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,646/mo property income covering a $1,531/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A 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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Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A