806 Hobart AveLoganOH43138
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
Rental property for sale in Logan at 806 Hobart Ave, Logan, OH, 43138 priced at $381,500 pairs $3,145/mo rent with $636/mo cash flow after a $1,867/mo payment. Total monthly income equals $3,145/mo, and annual cash flow comes to $7,630/yr on $126,467 invested. Return on cash invested is 25.94% in year one, and rental yield stands at 9.89% on a $381,500 basis. Equity gained on principal adds $2,462/yr, and 5% annual appreciation accumulates to $105,401 by year five. Five-year ROI measures 135.7% and total cumulative return in cash reaches $171,616. For financing, Ziffy Mortgage’s DSCR program evaluates $3,145/mo property income against a $1,867/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
84 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43138, Logan, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,491 (100%) |
| Owner Occupied HU | 5,437 (64.0%) |
| Renter Occupied HU | 2,184 (25.7%) |
| Vacant Housing Units | 870 (10.2%) |
| Median Home Value | $185,889 |
| Average Home Value | $240,247 |
Housing Distribution
Address Breakdown
Residential
8,053
Single Family
7,858
Multi-Family
195
Businesses
664
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices