102 Summit RdMariettaOH45750
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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 Marietta at 102 Summit Rd, Marietta, OH, 45750 priced at $215,900 pairs $1,427/mo rent with $7/mo cash flow after a $1,057/mo payment. Total monthly income equals $1,427/mo, and annual cash flow comes to $79/yr on $71,571 invested. Return on cash invested is 20.02% in year one, and rental yield stands at 7.93% on a $215,900 basis. Equity gained on principal adds $1,393/yr, and 5% annual appreciation accumulates to $59,649 by year five. Five-year ROI measures 103.98% and total cumulative return in cash reaches $74,420. For financing, Ziffy Mortgage’s DSCR program evaluates $1,427/mo property income against a $1,057/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1961
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45750, Marietta, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,178 (100%) |
| Owner Occupied HU | 7,419 (60.9%) |
| Renter Occupied HU | 3,520 (28.9%) |
| Vacant Housing Units | 1,239 (10.2%) |
| Median Home Value | $196,253 |
| Average Home Value | $249,550 |
Housing Distribution
Address Breakdown
Residential
11,535
Single Family
10,703
Multi-Family
832
Businesses
1,402
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Listed by: Marian Duvall • Exit Riverbend Realty
Mls Name: Athens County BOR
Mls Provider:
Mls ID: #2433233
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