57 W Franklin StNelsonvilleOH45764
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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 Nelsonville at 57 W Franklin St, Nelsonville, OH, 45764 offers a 10.82% rental yield on a $209,000 purchase with $1,885/mo rent. Total monthly income registers $1,885/mo, and a $1,023/mo payment leaves $510/mo available for distribution. Annual cash flow reaches $6,122/yr on $69,284 to close, and return on cash invested stands at 28.75% in year one. Equity gained on principal adds $1,349/yr while 5% annual appreciation supports $57,743 over five years. Portfolio math shows five-year ROI at 150.79% and total cumulative return in cash at $104,474. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,885/mo property income against a $1,023/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1909
N/A 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
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Listed by: Miki Brooks • Ohio Realty
Mls Name: Athens County BOR
Mls ID: #2434158