37-43 N Plains RdThe PlainsOH45780
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 The Plains at 37-43 N Plains Rd, The Plains, OH, 45780 generates $337/mo in rent, after a $1,957/mo payment. Total monthly income is $337/mo. Return on cash invested sits at -0.85% in year one, and rental yield is 1.01% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $337/mo property income rather than buyer’s personal income.
Multi Family
Built in N/A
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45780, The Plains, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,666 (100%) |
| Owner Occupied HU | 748 (44.9%) |
| Renter Occupied HU | 790 (47.4%) |
| Vacant Housing Units | 128 ( 7.7%) |
| Median Home Value | $294,304 |
| Average Home Value | $321,110 |
Housing Distribution
Address Breakdown
Residential
1,533
Single Family
1,421
Multi-Family
112
Businesses
106
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Wood • Ohio Realty
Mls Name: Athens County BOR
Mls Provider:
Mls ID: #2432626
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.