14644 Coolville Ridge RdAthensOH45701
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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 Athens at 14644 Coolville Ridge Rd, Athens, OH, 45701 uses $89,174 cash to close to unlock $3,086/yr annual cash flow and $257/mo monthly cash flow. Total monthly income runs $2,027/mo, and a $1,317/mo payment keeps the spread at $257/mo. Purchase price stands at $269,000, and rental yield measures 9.04% with $2,027/mo rent. Return on cash invested shows 23.37% in year one, and 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 121.95% and total cumulative return in cash records $108,743. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,027/mo property income covering a $1,317/mo payment rather than investor’s personal income.
Single Family
Built in 1860
5.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45701, Athens, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,893 (100%) |
| Owner Occupied HU | 5,295 (41.1%) |
| Renter Occupied HU | 6,517 (50.5%) |
| Vacant Housing Units | 1,081 ( 8.4%) |
| Median Home Value | $246,885 |
| Average Home Value | $296,346 |
Housing Distribution
Address Breakdown
Residential
12,484
Single Family
10,439
Multi-Family
2,045
Businesses
1,282
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Listed by: C.R. Pratt • The Athens Real Estate Co., Ltd.
Mls Name: Athens County BOR
Mls Provider:
Mls ID: #2433201
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.