50 Westfield PlAthensOH45701
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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 Athens at 50 Westfield Pl, Athens, OH, 45701 with 5% annual appreciation on a $209,000 basis while $1,589/mo rent supports operations. Total monthly income totals $1,589/mo and a $1,023/mo payment preserves $214/mo for cash returns. Annual cash flow comes to $2,570/yr on $69,284 deployed, and return on cash invested reaches 23.62% in year one. Equity gained on principal adds $1,349/yr, and five-year appreciation sums $57,743 alongside rental yield of 9.12%. Five-year ROI measures 123.3% and total cumulative return in cash totals $85,430.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,589/mo property income versus a $1,023/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2002
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45701, Athens, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,893 (100%) |
| Owner Occupied HU | 5,295 (41.1%) |
| Renter Occupied HU | 6,517 (50.5%) |
| Vacant Housing Units | 1,081 ( 8.4%) |
| Median Home Value | $246,885 |
| Average Home Value | $296,346 |
Housing Distribution
Address Breakdown
Residential
12,484
Single Family
10,439
Multi-Family
2,045
Businesses
1,282
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