28033 State Route 124LangsvilleOH45741
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 Langsville at 28033 State Route 124, Langsville, OH, 45741 offers a 9.21% rental yield on a $179,900 purchase with $1,381/mo rent. Total monthly income registers $1,381/mo, and a $881/mo payment leaves $197/mo available for distribution. Annual cash flow reaches $2,366/yr on $59,637 to close, and return on cash invested stands at 23.88% in year one. Equity gained on principal adds $1,161/yr while 5% annual appreciation supports $49,703 over five years. Portfolio math shows five-year ROI at 124.69% and total cumulative return in cash at $74,361. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,381/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1980
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45741, Langsville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 465 (100%) |
| Owner Occupied HU | 313 (67.3%) |
| Renter Occupied HU | 71 (15.3%) |
| Vacant Housing Units | 81 (17.4%) |
| Median Home Value | $127,744 |
| Average Home Value | $148,083 |
Housing Distribution
Address Breakdown
Residential
364
Single Family
364
Multi-Family
0
Businesses
11
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Listed by: Sherri Hart • Cleland Realty inc.
Mls Name: Athens County BOR
Mls ID: #2434414