135 Carlin DrLoganOH43138
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 Logan at 135 Carlin Dr, Logan, OH, 43138 priced at $220,000 converts $1,020/mo rent into after a $1,077/mo obligation. Total monthly income equals $1,020/mo. Return on cash invested prints 12.88% in year one, and rental yield reads 5.56% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 65.67% and total cumulative return in cash sums $47,891. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,020/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Condo
Built in 2006
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43138, Logan, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,491 (100%) |
| Owner Occupied HU | 5,437 (64.0%) |
| Renter Occupied HU | 2,184 (25.7%) |
| Vacant Housing Units | 870 (10.2%) |
| Median Home Value | $185,889 |
| Average Home Value | $240,247 |
Housing Distribution
Address Breakdown
Residential
8,053
Single Family
7,858
Multi-Family
195
Businesses
664
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices