198 Nurad 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 198 Nurad Rd, Athens, OH, 45701 with 5% annual appreciation on a $245,900 basis while $1,733/mo rent supports operations. Total monthly income totals $1,733/mo and a $1,204/mo payment preserves $86/mo for cash returns. Annual cash flow comes to $1,032/yr on $81,516 deployed, and return on cash invested reaches 21.17% in year one. Equity gained on principal adds $1,587/yr, and five-year appreciation sums $67,938 alongside rental yield of 8.46%. Five-year ROI measures 110.28% and total cumulative return in cash totals $89,899.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,733/mo property income versus a $1,204/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
0.50 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: Sean Keiffer • Ohio Realty
Mls Name: Athens County BOR
Mls Provider:
Mls ID: #2432994
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.