31845 Red Hill RdLangsvilleOH45741
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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 Langsville at 31845 Red Hill Rd, Langsville, OH, 45741 offers a 11.03% rental yield on a $289,900 purchase with $2,665/mo rent. Total monthly income registers $2,665/mo, and a $1,419/mo payment leaves $758/mo available for distribution. Annual cash flow reaches $9,096/yr on $96,102 to close, and return on cash invested stands at 29.37% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,094 over five years. Portfolio math shows five-year ROI at 154.1% and total cumulative return in cash at $148,089. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,665/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
8.30 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: Joshua Bodimer • Wiseman Real Estate
Mls Name: Athens County BOR
Mls Provider:
Mls ID: #2434067
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.