31 Blick AveAthensOH45701
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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 Athens at 31 Blick Ave, Athens, OH, 45701 generates $1,211/mo in rent and, after a $734/mo payment, leaves $225/mo in cash flow. Total monthly income is $1,211/mo, and annual cash flow is $2,694/yr on $49,725 invested. Return on cash invested sits at 25.33% in year one, and rental yield is 9.69% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 132.45% and total cumulative return in cash sums $65,862. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,211/mo property income rather than buyer’s personal income.
Manufactured
Built in 1991
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45701, Athens, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,893 (100%) |
| Owner Occupied HU | 5,295 (41.1%) |
| Renter Occupied HU | 6,517 (50.5%) |
| Vacant Housing Units | 1,081 ( 8.4%) |
| Median Home Value | $246,885 |
| Average Home Value | $296,346 |
Housing Distribution
Address Breakdown
Residential
12,484
Single Family
10,439
Multi-Family
2,045
Businesses
1,282
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Listed by: Brian Fuller • Hopewell Realty
Mls Name: Athens County BOR
Mls Provider:
Mls ID: #2433973
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.