Harmony Plan, Reserve at Honey Creek RanchesNew 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 Ranches, New Carlisle, OH, 45344 priced at $312,900 converts $2,224/mo rent into $166/mo cash flow after a $1,531/mo obligation. Total monthly income equals $2,224/mo, and annual cash flow totals $1,995/yr on $103,726 invested. Return on cash invested prints 21.83% in year one, and rental yield reads 8.53% 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 113.69% and total cumulative return in cash sums $117,930. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,224/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