2260 Us Highway 50 WAlbanyOH45710
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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 2260 Us Highway 50 W, Albany, OH, 45710 listed at $149,500 pairs $1,198/mo rent with a $732/mo payment to leave $214/mo cash flow. Total monthly income runs $1,198/mo, and annual cash flow reaches $2,572/yr on $49,559 cash to close. Return on cash invested measures 25.1% in year one, and rental yield registers 9.62% at a $149,500 basis. Equity gained on principal adds $965/yr, and annual property appreciation at 5% supports $41,304 by year five. Five-year ROI tracks 131.25% and total cumulative return in cash totals $65,045. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,198/mo property income relative to a $732/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
0.64 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: Larry Conrath • Grueser Realty & Building
Mls Name: Athens County BOR
Mls Provider:
Mls ID: #2433487
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.