18 North StGlousterOH45732
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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 Glouster at 18 North St, Glouster, OH, 45732 priced at $159,900 converts $1,560/mo rent into $508/mo cash flow after a $783/mo obligation. Total monthly income equals $1,560/mo, and annual cash flow totals $6,094/yr on $53,007 invested. Return on cash invested prints 31.41% in year one, and rental yield reads 11.71% against a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,177 by year five. Five-year ROI reaches 165.02% and total cumulative return in cash sums $87,474. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,560/mo property income covering a $783/mo payment, not borrower’s personal income.
Multi Family
Built in 1950
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45732, Glouster, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,377 (100%) |
| Owner Occupied HU | 1,519 (63.9%) |
| Renter Occupied HU | 453 (19.1%) |
| Vacant Housing Units | 405 (17.0%) |
| Median Home Value | $121,755 |
| Average Home Value | $153,812 |
Housing Distribution
Address Breakdown
Residential
1,961
Single Family
1,961
Multi-Family
0
Businesses
87
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Listed by: Ally Rapp Lee • The Athens Real Estate Co., Ltd.
Mls Name: Athens County BOR
Mls Provider:
Mls ID: #2432922
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.