1532 State Highway 7CoolvilleOH45723
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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 Coolville at 1532 State Highway 7, Coolville, OH, 45723 offers a 7.27% rental yield on a $229,000 purchase with $1,388/mo rent. 04% in year one. Equity gained on principal adds $1,478/yr while 5% annual appreciation supports $63,268 over five years. Portfolio math shows five-year ROI at 93.35% and total cumulative return in cash at $70,865. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,388/mo property income against a $1,121/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2001
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45723, Coolville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,715 (100%) |
| Owner Occupied HU | 1,278 (74.5%) |
| Renter Occupied HU | 271 (15.8%) |
| Vacant Housing Units | 166 ( 9.7%) |
| Median Home Value | $213,121 |
| Average Home Value | $290,569 |
Housing Distribution
Address Breakdown
Residential
1,481
Single Family
1,481
Multi-Family
0
Businesses
50
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Listed by: Blaine Ritchie • Coldwell Banker Select Properties
Mls Name: Athens County BOR
Mls Provider:
Mls ID: #2432078
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.