122 E 1st StThe 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
Rental property for sale in The Plains at 122 E 1st St, The Plains, OH, 45780 priced at $230,000 converts $1,765/mo rent into $252/mo cash flow after a $1,126/mo obligation. Total monthly income equals $1,765/mo, and annual cash flow totals $3,022/yr on $76,245 invested. Return on cash invested prints 23.87% in year one, and rental yield reads 9.21% against a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,545 by year five. Five-year ROI reaches 124.61% and total cumulative return in cash sums $95,011. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,765/mo property income covering a $1,126/mo payment, not borrower’s personal income.
Single Family
Built in 1900
1.50 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: Dan Abdella • e-Merge Real Estate
Mls Name: Athens County BOR
Mls Provider:
Mls ID: #2433370
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.