31566 Parker Run RdLangsvilleOH45741
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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 Langsville at 31566 Parker Run Rd, Langsville, OH, 45741 uses $66,300 cash to close to unlock $9,892/yr annual cash flow and $824/mo monthly cash flow. Total monthly income runs $2,140/mo, and a $979/mo payment keeps the spread at $824/mo. Purchase price stands at $200,000, and rental yield measures 12.84% with $2,140/mo rent. Return on cash invested shows 34.83% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 183.41% and total cumulative return in cash records $121,604. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,140/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1984
6.57 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: Cheryl Lemley • Wiseman Real Estate
Mls Name: Athens County BOR
Mls Provider:
Mls ID: #2433883
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.