22 Castle Run RdThe PlainsOH45780
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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 The Plains at 22 Castle Run Rd, The Plains, OH, 45780 generates $260/mo in rent, after a $832/mo payment. Total monthly income is $260/mo. Return on cash invested sits at -0.92% in year one, and rental yield is 1.84% on a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation builds toward $46,968 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $260/mo property income rather than buyer’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
$120 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45780, The Plains, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,666 (100%) |
| Owner Occupied HU | 748 (44.9%) |
| Renter Occupied HU | 790 (47.4%) |
| Vacant Housing Units | 128 ( 7.7%) |
| Median Home Value | $294,304 |
| Average Home Value | $321,110 |
Housing Distribution
Address Breakdown
Residential
1,533
Single Family
1,421
Multi-Family
112
Businesses
106
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Erin Carter • e-Merge Real Estate
Mls Name: Athens County BOR
Mls Provider:
Mls ID: #2433285
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