8 State StJacksonOH45640
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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 Jackson at 8 State St, Jackson, OH, 45640 priced at $149,900 converts $1,248/mo rent into $262/mo cash flow after a $734/mo obligation. Total monthly income equals $1,248/mo, and annual cash flow totals $3,140/yr on $49,692 invested. Return on cash invested prints 26.23% in year one, and rental yield reads 9.99% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 137.28% and total cumulative return in cash sums $68,219. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,248/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1900
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45640, Jackson, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,015 (100%) |
| Owner Occupied HU | 4,409 (62.9%) |
| Renter Occupied HU | 1,838 (26.2%) |
| Vacant Housing Units | 768 (10.9%) |
| Median Home Value | $168,306 |
| Average Home Value | $211,380 |
Housing Distribution
Address Breakdown
Residential
6,903
Single Family
6,711
Multi-Family
192
Businesses
676
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Listed by: Joshua Bodimer • Wiseman Real Estate
Mls Name: Athens County BOR
Mls Provider:
Mls ID: #2434430
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.