2844 Friendly Ridge RdCrown CityOH45623
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 Crown City at 2844 Friendly Ridge Rd, Crown City, OH, 45623 earns $568/mo cash flow from $1,291/mo rent with a $538/mo payment. Total monthly income totals $1,291/mo, and annual cash flow totals $6,814/yr on $36,465 capital. ROI tracks 38.6% on current figures, and rental yield reads 14.08% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 203.54% and total cumulative return in cash sums $74,220. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,291/mo property income instead of your personal income.
Manufactured
Built in 1997
5.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45623, Crown City, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,440 (100%) |
| Owner Occupied HU | 972 (67.5%) |
| Renter Occupied HU | 255 (17.7%) |
| Vacant Housing Units | 213 (14.8%) |
| Median Home Value | $161,012 |
| Average Home Value | $190,676 |
Housing Distribution
Address Breakdown
Residential
1,306
Single Family
1,306
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew Ray • Sherlock Homes Realty, LLC
Mls Name: Athens County BOR
Mls Provider:
Mls ID: #2432591
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.