2125 Clara AveAlbanyOH45710
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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 Albany at 2125 Clara Ave, Albany, OH, 45710 uses $75,914 cash to close to unlock $150/yr annual cash flow and $13/mo monthly cash flow. Total monthly income runs $1,519/mo, and a $1,121/mo payment keeps the spread at $13/mo. Purchase price stands at $229,000, and rental yield measures 7.96% with $1,519/mo rent. Return on cash invested shows 20.11% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 104.43% and total cumulative return in cash records $79,277. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,519/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45710, Albany, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,507 (100%) |
| Owner Occupied HU | 1,742 (69.5%) |
| Renter Occupied HU | 529 (21.1%) |
| Vacant Housing Units | 236 ( 9.4%) |
| Median Home Value | $203,662 |
| Average Home Value | $246,096 |
Housing Distribution
Address Breakdown
Residential
2,403
Single Family
2,403
Multi-Family
0
Businesses
133
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Listed by: Quentin Folson • The Athens Real Estate Co., Ltd.
Mls Name: Athens County BOR
Mls Provider:
Mls ID: #2433438
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.