6435 Meadowbrook RdAlbanyOH45710
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 Albany at 6435 Meadowbrook Rd, Albany, OH, 45710 uses $62,819 cash to close to unlock $4,452/yr annual cash flow and $371/mo monthly cash flow. Total monthly income runs $1,618/mo, and a $928/mo payment keeps the spread at $371/mo. Purchase price stands at $189,500, and rental yield measures 10.25% with $1,618/mo rent. Return on cash invested shows 27% in year one, and 5% annual appreciation builds toward $52,355 over five years. Five-year ROI reaches 141.45% and total cumulative return in cash records $88,859. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,618/mo property income covering a $928/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45710, Albany, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,507 (100%) |
| Owner Occupied HU | 1,742 (69.5%) |
| Renter Occupied HU | 529 (21.1%) |
| Vacant Housing Units | 236 ( 9.4%) |
| Median Home Value | $203,662 |
| Average Home Value | $246,096 |
Housing Distribution
Address Breakdown
Residential
2,403
Single Family
2,403
Multi-Family
0
Businesses
133
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Larry Conrath • Grueser Realty & Building
Mls Name: Athens County BOR
Mls Provider:
Mls ID: #2432832
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.