173 Linwood DrRio GrandeOH45674
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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
Rental property for sale in Rio Grande at 173 Linwood Dr, Rio Grande, OH, 45674 priced at $319,900 converts $2,456/mo rent into $352/mo cash flow after a $1,566/mo obligation. Total monthly income equals $2,456/mo, and annual cash flow totals $4,218/yr on $106,047 invested. Return on cash invested prints 23.89% in year one, and rental yield reads 9.21% against a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation compiles into $88,382 by year five. Five-year ROI reaches 124.7% and total cumulative return in cash sums $132,236. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,456/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Single Family
Built in 2023
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45674, Rio Grande, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 92 (100%) |
| Owner Occupied HU | 38 (41.3%) |
| Renter Occupied HU | 36 (39.1%) |
| Vacant Housing Units | 18 (19.6%) |
| Median Home Value | $216,667 |
| Average Home Value | $197,171 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
53
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Listed by: Joshua Bodimer • Wiseman Real Estate
Mls Name: Athens County BOR
Mls Provider:
Mls ID: #2432472
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.