2487 Industry RdAtwaterOH44201
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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 Atwater at 2487 Industry Rd, Atwater, OH, 44201 uses $89,505 cash to close to unlock $1,494/yr annual cash flow and $125/mo monthly cash flow. Total monthly income runs $1,901/mo, and a $1,322/mo payment keeps the spread at $125/mo. Purchase price stands at $270,000, and rental yield measures 8.45% with $1,901/mo rent. Return on cash invested shows 21.58% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 112.33% and total cumulative return in cash records $100,537. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,901/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Single Family
Built in 1968
4.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44201, Atwater, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,743 (100%) |
| Owner Occupied HU | 2,259 (82.4%) |
| Renter Occupied HU | 353 (12.9%) |
| Vacant Housing Units | 131 ( 4.8%) |
| Median Home Value | $241,491 |
| Average Home Value | $270,424 |
Housing Distribution
Address Breakdown
Residential
2,598
Single Family
2,598
Multi-Family
0
Businesses
57
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