Norway Plan, Monroe MeadowsNew CarlisleOH45344
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Norway Plan, Monroe Meadows, New Carlisle, OH, 45344 priced at $327,990 pairs $2,274/mo rent with $117/mo cash flow after a $1,605/mo payment. Total monthly income equals $2,274/mo, and annual cash flow comes to $1,403/yr on $108,729 invested. Return on cash invested is 21.2% in year one, and rental yield stands at 8.32% on a $327,990 basis. Equity gained on principal adds $2,116/yr, and 5% annual appreciation accumulates to $90,618 by year five. Five-year ROI measures 110.26% and total cumulative return in cash reaches $119,884. For financing, Ziffy Mortgage’s DSCR program evaluates $2,274/mo property income against a $1,605/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
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 • Arbor Homes
Mls Name: Arbor Homes
Mls Provider:
Mls ID: #N/A