370 Mercerville RdCrown CityOH45623
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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 Crown City at 370 Mercerville Rd, Crown City, OH, 45623 offers a 0% rental yield on a $389,000 purchase with $0/mo rent. 9% in year one. Equity gained on principal adds $2,510/yr while 5% annual appreciation supports $107,474 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,904/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
1.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45623, Crown City, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,440 (100%) |
| Owner Occupied HU | 972 (67.5%) |
| Renter Occupied HU | 255 (17.7%) |
| Vacant Housing Units | 213 (14.8%) |
| Median Home Value | $161,012 |
| Average Home Value | $190,676 |
Housing Distribution
Address Breakdown
Residential
1,306
Single Family
1,306
Multi-Family
0
Businesses
22
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Listed by: Jessica Green • ERA Martin & Associates
Mls Name: Athens County BOR
Mls ID: #2434239