11676 Channingway BlvdThe PlainsOH45780
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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
Investment property for sale in The Plains at 11676 Channingway Blvd, The Plains, OH, 45780 uses $82,875 cash to close to unlock $6,494/yr annual cash flow and $541/mo monthly cash flow. Total monthly income runs $2,186/mo, and a $1,224/mo payment keeps the spread at $541/mo. Purchase price stands at $250,000, and rental yield measures 10.49% with $2,186/mo rent. Return on cash invested shows 27.74% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 145.43% and total cumulative return in cash records $120,526. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,186/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1993
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45780, The Plains, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,666 (100%) |
| Owner Occupied HU | 748 (44.9%) |
| Renter Occupied HU | 790 (47.4%) |
| Vacant Housing Units | 128 ( 7.7%) |
| Median Home Value | $294,304 |
| Average Home Value | $321,110 |
Housing Distribution
Address Breakdown
Residential
1,533
Single Family
1,421
Multi-Family
112
Businesses
106
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Listed by: Kimberly Davidson • e-Merge Real Estate
Mls Name: Athens County BOR
Mls ID: #2434420