77 Rapp Montgomery RdLucasvilleOH45648
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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
Rental property for sale in Lucasville at 77 Rapp Montgomery Rd, Lucasville, OH, 45648 priced at $329,900 converts $1,862/mo rent into after a $1,615/mo obligation. Total monthly income equals $1,862/mo. Return on cash invested prints 16.53% in year one, and rental yield reads 6.77% against a $329,900 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,145 by year five. Five-year ROI reaches 85.22% and total cumulative return in cash sums $93,195. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,862/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Single Family
Built in 2013
2.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45648, Lucasville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,842 (100%) |
| Owner Occupied HU | 3,336 (68.9%) |
| Renter Occupied HU | 1,013 (20.9%) |
| Vacant Housing Units | 493 (10.2%) |
| Median Home Value | $193,361 |
| Average Home Value | $207,219 |
Housing Distribution
Address Breakdown
Residential
4,569
Single Family
4,569
Multi-Family
0
Businesses
165
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Listed by: Nakia Steward • EXSELL Realty Group
Mls Name: GPABR
Mls ID: #152693
Disclaimer: Copyright Greater Portsmouth Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.