2644 Perry Ridge RdNelsonvilleOH45764
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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 Nelsonville at 2644 Perry Ridge Rd, Nelsonville, OH, 45764 generates $2,212/mo in rent, after a $1,948/mo payment. Total monthly income is $2,212/mo. Return on cash invested sits at 16.22% in year one, and rental yield is 6.67% on a $398,000 entry. Equity gained on principal adds $2,568/yr, while 5% annual appreciation builds toward $109,960 over five years. Five-year ROI reaches 83.58% and total cumulative return in cash sums $110,268. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,212/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
5.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45764, Nelsonville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,852 (100%) |
| Owner Occupied HU | 1,912 (49.6%) |
| Renter Occupied HU | 1,367 (35.5%) |
| Vacant Housing Units | 573 (14.9%) |
| Median Home Value | $124,383 |
| Average Home Value | $174,208 |
Housing Distribution
Address Breakdown
Residential
3,452
Single Family
3,240
Multi-Family
212
Businesses
216
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Listed by: Austin Downs • Rise Realty Co.
Mls Name: Athens County BOR
Mls ID: #2434335