21530 Laurel Run RdNew PlymouthOH45654
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 New Plymouth at 21530 Laurel Run Rd, New Plymouth, OH, 45654 uses $99,119 cash to close to unlock $11,912/yr annual cash flow and $993/mo monthly cash flow. Total monthly income runs $2,959/mo, and a $1,463/mo payment keeps the spread at $993/mo. Purchase price stands at $299,000, and rental yield measures 11.88% with $2,959/mo rent. Return on cash invested shows 31.93% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 167.82% and total cumulative return in cash records $166,342. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,959/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1994
2.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45654, New Plymouth, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 480 (100%) |
| Owner Occupied HU | 342 (71.2%) |
| Renter Occupied HU | 70 (14.6%) |
| Vacant Housing Units | 68 (14.2%) |
| Median Home Value | $307,258 |
| Average Home Value | $315,285 |
Housing Distribution
Address Breakdown
Residential
398
Single Family
398
Multi-Family
0
Businesses
6
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pamela Austin • Star Brick Realty, LLC
Mls Name: Athens County BOR
Mls Provider:
Mls ID: #2431686
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.