State Highway 356New MarshfieldOH45766
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 Marshfield at State Highway 356, New Marshfield, OH, 45766 priced at $309,000 converts $1,200/mo rent into after a $1,512/mo obligation. Total monthly income equals $1,200/mo. Return on cash invested prints 10.16% in year one, and rental yield reads 4.66% against a $309,000 entry. Equity gained on principal adds $1,994/yr, while 5% annual appreciation compiles into $85,371 by year five. Five-year ROI reaches 51.06% and total cumulative return in cash sums $52,301. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,200/mo property income covering a $1,512/mo payment, not borrower’s personal income.
Single Family
Built in N/A
68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45766, New Marshfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 698 (100%) |
| Owner Occupied HU | 457 (65.5%) |
| Renter Occupied HU | 126 (18.1%) |
| Vacant Housing Units | 115 (16.5%) |
| Median Home Value | $170,833 |
| Average Home Value | $176,761 |
Housing Distribution
Address Breakdown
Residential
576
Single Family
576
Multi-Family
0
Businesses
8
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Nearby investment properties with comparable prices
Listed by: Brian Whitt • Arrowhead Land Company
Mls Name: REALSTACK
Mls ID: #78631