39 E 1st StThe PlainsOH45780
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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
Rental property for sale in The Plains at 39 E 1st St, The Plains, OH, 45780 priced at $195,000 pairs $1,900/mo rent with $618/mo cash flow after a $954/mo payment. Total monthly income equals $1,900/mo, and annual cash flow comes to $7,413/yr on $64,643 invested. Return on cash invested is 31.38% in year one, and rental yield stands at 11.69% on a $195,000 basis. Equity gained on principal adds $1,258/yr, and 5% annual appreciation accumulates to $53,875 by year five. Five-year ROI measures 164.84% and total cumulative return in cash reaches $106,558. For financing, Ziffy Mortgage’s DSCR program evaluates $1,900/mo property income against a $954/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1991
0.25 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
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Listed by: Dave Hoisington • Dave Hoisington Realty
Mls Name: Athens County BOR
Mls Provider:
Mls ID: #2433463
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.