3243 Ladd Ridge RdAthensOH45701
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
Rental property for sale in Athens at 3243 Ladd Ridge Rd, Athens, OH, 45701 generates $4,518/mo in rent and, after a $3,177/mo payment, leaves $249/mo in cash flow. Total monthly income is $4,518/mo, and annual cash flow is $2,982/yr on $213,521 invested. Return on cash invested sits at 21.46% in year one, and rental yield is 8.35% on a $649,000 entry. Equity gained on principal adds $4,188/yr, while 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 111.63% and total cumulative return in cash sums $238,356. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,518/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
10 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices