852 Wallace RdLittle HockingOH45742
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 Little Hocking at 852 Wallace Rd, Little Hocking, OH, 45742 priced at $178,000 converts $1,451/mo rent into $280/mo cash flow after a $871/mo obligation. Total monthly income equals $1,451/mo, and annual cash flow totals $3,364/yr on $59,007 invested. Return on cash invested prints 25.61% in year one, and rental yield reads 9.78% against a $178,000 entry. Equity gained on principal adds $1,149/yr, while 5% annual appreciation compiles into $49,178 by year five. Five-year ROI reaches 133.98% and total cumulative return in cash sums $79,057. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,451/mo property income covering a $871/mo payment, not borrower’s personal income.
Single Family
Built in 1988
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45742, Little Hocking, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,226 (100%) |
| Owner Occupied HU | 999 (81.5%) |
| Renter Occupied HU | 126 (10.3%) |
| Vacant Housing Units | 101 ( 8.2%) |
| Median Home Value | $185,103 |
| Average Home Value | $240,941 |
Housing Distribution
Address Breakdown
Residential
1,228
Single Family
1,228
Multi-Family
0
Businesses
44
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brooke McDonough • Plum Tree Realty
Mls Name: Athens County BOR
Mls ID: #2434091