42 Carroll AveJacksonOH45640
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
Investment property for sale in Jackson at 42 Carroll Ave, Jackson, OH, 45640 uses $45,760 cash to close to unlock $6,500/yr annual cash flow and $542/mo monthly cash flow. Total monthly income runs $1,450/mo, and a $676/mo payment keeps the spread at $542/mo. Purchase price stands at $138,040, and rental yield measures 12.61% with $1,450/mo rent. Return on cash invested shows 34.11% in year one, and 5% annual appreciation builds toward $38,138 over five years. Five-year ROI reaches 179.57% and total cumulative return in cash records $82,171. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,450/mo property income covering a $676/mo payment rather than investor’s personal income.
Single Family
Built in 1959
8,973 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45640, Jackson, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,015 (100%) |
| Owner Occupied HU | 4,409 (62.9%) |
| Renter Occupied HU | 1,838 (26.2%) |
| Vacant Housing Units | 768 (10.9%) |
| Median Home Value | $168,306 |
| Average Home Value | $211,380 |
Housing Distribution
Address Breakdown
Residential
6,903
Single Family
6,711
Multi-Family
192
Businesses
676
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices