1386 Athena DrKentOH44240
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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 Kent at 1386 Athena Dr, Kent, OH, 44240 generates $1,679/mo in rent and, after a $705/mo payment, leaves $458/mo in cash flow. Total monthly income is $1,679/mo, and annual cash flow is $5,491/yr on $47,736 invested. Return on cash invested sits at 31.41% in year one, and rental yield is 13.99% on a $144,000 entry. Equity gained on principal adds $929/yr, while 5% annual appreciation builds toward $39,785 over five years. Five-year ROI reaches 167.61% and total cumulative return in cash sums $80,010. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,679/mo property income rather than buyer’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$274 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44240, Kent, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,908 (100%) |
| Owner Occupied HU | 9,003 (45.2%) |
| Renter Occupied HU | 9,113 (45.8%) |
| Vacant Housing Units | 1,792 ( 9.0%) |
| Median Home Value | $248,403 |
| Average Home Value | $283,411 |
Housing Distribution
Address Breakdown
Residential
18,271
Single Family
14,719
Multi-Family
3,552
Businesses
1,194
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Listed by: James Palmer • Berkshire Hathaway HomeServices Simon & Salhany Realty
Mls Name: MLS Now
Mls Provider:
Mls ID: #5024254
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