49556 Manuel RdRacineOH45771
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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 Racine at 49556 Manuel Rd, Racine, OH, 45771 offers a 2.03% rental yield on a $720,000 purchase with $1,220/mo rent. 25% in year one. Equity gained on principal adds $4,646/yr while 5% annual appreciation supports $198,923 over five years. Portfolio math shows five-year ROI at 8.61% and total cumulative return in cash at $20,407. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,220/mo property income against a $3,524/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
122.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45771, Racine, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,625 (100%) |
| Owner Occupied HU | 1,109 (68.2%) |
| Renter Occupied HU | 305 (18.8%) |
| Vacant Housing Units | 211 (13.0%) |
| Median Home Value | $159,510 |
| Average Home Value | $237,272 |
Housing Distribution
Address Breakdown
Residential
1,289
Single Family
1,289
Multi-Family
0
Businesses
78
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Listed by: Anthony Servedio • e-Merge Real Estate
Mls Name: Athens County BOR
Mls Provider:
Mls ID: #2432268
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.