480 W High StNelsonvilleOH45764
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 Nelsonville at 480 W High St, Nelsonville, OH, 45764 generates $1,022/mo in rent and, after a $636/mo payment, leaves $167/mo in cash flow. Total monthly income is $1,022/mo, and annual cash flow is $2,008/yr on $43,062 invested. Return on cash invested sits at 24.57% in year one, and rental yield is 9.44% on a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 128.46% and total cumulative return in cash sums $55,315. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,022/mo property income rather than buyer’s personal income.
Manufactured
Built in 2000
4,356 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amber L Burns • Red 1 Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225015816
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.