281 Mulberry AvePomeroyOH45769
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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 Pomeroy at 281 Mulberry Ave, Pomeroy, OH, 45769 priced at $134,900 converts $1,018/mo rent into $131/mo cash flow after a $660/mo obligation. Total monthly income equals $1,018/mo, and annual cash flow totals $1,571/yr on $44,719 invested. Return on cash invested prints 23.42% in year one, and rental yield reads 9.06% against a $134,900 entry. Equity gained on principal adds $870/yr, while 5% annual appreciation compiles into $37,270 by year five. Five-year ROI reaches 122.21% and total cumulative return in cash sums $54,653. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,018/mo property income covering a $660/mo payment, not borrower’s personal income.
Single Family
Built in N/A
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45769, Pomeroy, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,801 (100%) |
| Owner Occupied HU | 1,836 (65.5%) |
| Renter Occupied HU | 510 (18.2%) |
| Vacant Housing Units | 455 (16.2%) |
| Median Home Value | $155,792 |
| Average Home Value | $181,664 |
Housing Distribution
Address Breakdown
Residential
2,600
Single Family
2,553
Multi-Family
47
Businesses
275
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Listed by: Ryan Stolz • The Athens Real Estate Co., Ltd.
Mls Name: Athens County BOR
Mls Provider:
Mls ID: #2432677
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.