385 W Franklin StNelsonvilleOH45764
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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 Nelsonville at 385 W Franklin St, Nelsonville, OH, 45764 with 5% annual appreciation on a $184,500 basis while $1,600/mo rent supports operations. Total monthly income totals $1,600/mo and a $903/mo payment preserves $386/mo for cash returns. Annual cash flow comes to $4,637/yr on $61,162 deployed, and return on cash invested reaches 27.49% in year one. Equity gained on principal adds $1,191/yr, and five-year appreciation sums $50,974 alongside rental yield of 10.41%. Five-year ROI measures 144.05% and total cumulative return in cash totals $88,106.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,600/mo property income versus a $903/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45764, Nelsonville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,852 (100%) |
| Owner Occupied HU | 1,912 (49.6%) |
| Renter Occupied HU | 1,367 (35.5%) |
| Vacant Housing Units | 573 (14.9%) |
| Median Home Value | $124,383 |
| Average Home Value | $174,208 |
Housing Distribution
Address Breakdown
Residential
3,452
Single Family
3,240
Multi-Family
212
Businesses
216
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Listed by: Miki Brooks • Ohio Realty
Mls Name: Athens County BOR
Mls Provider:
Mls ID: #2432693
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.