31526 Bowles RdDexterOH45741
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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
Investment property for sale in Dexter at 31526 Bowles Rd, Dexter, OH, 45741 uses $49,725 cash to close to unlock $2,922/yr annual cash flow and $244/mo monthly cash flow. Total monthly income runs $1,230/mo, and a $734/mo payment keeps the spread at $244/mo. Purchase price stands at $150,000, and rental yield measures 9.84% with $1,230/mo rent. Return on cash invested shows 25.79% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 134.91% and total cumulative return in cash records $67,086. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,230/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1920
0.88 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: Holly Deem • Cleland Realty inc.
Mls Name: Athens County BOR
Mls Provider:
Mls ID: #2430970
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.