874 Chestnut StNelsonvilleOH45764
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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
Investment property for sale in Nelsonville at 874 Chestnut St, Nelsonville, OH, 45764 uses $57,515 cash to close to unlock $2,327/yr annual cash flow and $194/mo monthly cash flow. Total monthly income runs $1,335/mo, and a $849/mo payment keeps the spread at $194/mo. Purchase price stands at $173,500, and rental yield measures 9.23% with $1,335/mo rent. Return on cash invested shows 23.96% in year one, and 5% annual appreciation builds toward $47,935 over five years. Five-year ROI reaches 125.05% and total cumulative return in cash records $71,920. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,335/mo property income covering a $849/mo payment rather than investor’s personal income.
Single Family
Built in 1900
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45764, Nelsonville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,852 (100%) |
| Owner Occupied HU | 1,912 (49.6%) |
| Renter Occupied HU | 1,367 (35.5%) |
| Vacant Housing Units | 573 (14.9%) |
| Median Home Value | $124,383 |
| Average Home Value | $174,208 |
Housing Distribution
Address Breakdown
Residential
3,452
Single Family
3,240
Multi-Family
212
Businesses
216
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Listed by: Ally Rapp Lee • The Athens Real Estate Co., Ltd.
Mls Name: Athens County BOR
Mls ID: #2434017