52 E Grogan AveLoganOH43138
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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 Logan at 52 E Grogan Ave, Logan, OH, 43138 uses $36,134 cash to close to unlock $1,890/yr annual cash flow and $158/mo monthly cash flow. Total monthly income runs $875/mo, and a $534/mo payment keeps the spread at $158/mo. Purchase price stands at $109,000, and rental yield measures 9.63% with $875/mo rent. Return on cash invested shows 25.14% in year one, and 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 131.47% and total cumulative return in cash records $47,506. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $875/mo property income covering a $534/mo payment rather than investor’s personal income.
Single Family
Built in 1931
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43138, Logan, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,491 (100%) |
| Owner Occupied HU | 5,437 (64.0%) |
| Renter Occupied HU | 2,184 (25.7%) |
| Vacant Housing Units | 870 (10.2%) |
| Median Home Value | $185,889 |
| Average Home Value | $240,247 |
Housing Distribution
Address Breakdown
Residential
8,053
Single Family
7,858
Multi-Family
195
Businesses
664
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Listed by: Tristden M Bauer • Bauer Realty & Auctions
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225015543
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.