135 Lane StCoal GroveOH45638
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 Coal Grove at 135 Lane St, Coal Grove, OH, 45638 priced at $164,900 pairs $2,006/mo rent with $921/mo cash flow after a $807/mo payment. Total monthly income equals $2,006/mo, and annual cash flow comes to $11,057/yr on $54,664 invested. Return on cash invested is 40.14% in year one, and rental yield stands at 14.6% on a $164,900 basis. Equity gained on principal adds $1,064/yr, and 5% annual appreciation accumulates to $45,559 by year five. Five-year ROI measures 211.87% and total cumulative return in cash reaches $115,816. For financing, Ziffy Mortgage’s DSCR program evaluates $2,006/mo property income against a $807/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45638, Ironton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,043 (100%) |
| Owner Occupied HU | 5,319 (58.8%) |
| Renter Occupied HU | 2,626 (29.0%) |
| Vacant Housing Units | 1,098 (12.1%) |
| Median Home Value | $126,233 |
| Average Home Value | $151,706 |
Housing Distribution
Address Breakdown
Residential
8,724
Single Family
8,426
Multi-Family
298
Businesses
612
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Listed by: Todd Jenkins • Bunch Real Estate Associates
Mls Name: HUNTMLS
Mls ID: #181764