63953 State Highway 124ReedsvilleOH45772
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
Investment property for sale in Reedsville at 63953 State Highway 124, Reedsville, OH, 45772 uses $46,377 cash to close to unlock $7,698/yr annual cash flow and $642/mo monthly cash flow. Total monthly income runs $1,562/mo, and a $685/mo payment keeps the spread at $642/mo. Purchase price stands at $139,900, and rental yield measures 13.4% with $1,562/mo rent. Return on cash invested shows 36.51% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 192.41% and total cumulative return in cash records $89,235. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,562/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1958
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45772, Reedsville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 826 (100%) |
| Owner Occupied HU | 605 (73.2%) |
| Renter Occupied HU | 137 (16.6%) |
| Vacant Housing Units | 84 (10.2%) |
| Median Home Value | $185,268 |
| Average Home Value | $231,872 |
Housing Distribution
Address Breakdown
Residential
763
Single Family
763
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pamela Reeves • Century 21 HomeStar
Mls Name: Athens County BOR
Mls Provider:
Mls ID: #2432320
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.