19 Lexington AveChaunceyOH45719
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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 Chauncey at 19 Lexington Ave, Chauncey, OH, 45719 generates $1,069/mo in rent and, after a $582/mo payment, leaves $287/mo in cash flow. Total monthly income is $1,069/mo, and annual cash flow is $3,440/yr on $39,449 invested. Return on cash invested sits at 28.63% in year one, and rental yield is 10.78% on a $119,000 entry. Equity gained on principal adds $768/yr, while 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 150.13% and total cumulative return in cash sums $59,225. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,069/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45719, Chauncey, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 390 (100%) |
| Owner Occupied HU | 214 (54.9%) |
| Renter Occupied HU | 128 (32.8%) |
| Vacant Housing Units | 48 (12.3%) |
| Median Home Value | $116,667 |
| Average Home Value | $210,374 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
16
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Listed by: Miki Brooks • Ohio Realty
Mls Name: Athens County BOR
Mls Provider:
Mls ID: #2432668
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.