107 E Broad StLouisvilleOH44641
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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 Louisville at 107 E Broad St, Louisville, OH, 44641 offers $1,194/mo rent that, after a $1,096/mo payment. Total monthly income is $1,194/mo. Return on cash invested measures 15.4% in year one, and rental yield stands at 6.4% at a $224,000 entry. Equity gained on principal adds $1,445/yr while 5% annual appreciation compounds into $61,887 by year five. Five-year ROI records 79.16% and total cumulative return in cash reaches $58,783. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,194/mo property income versus a $1,096/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
6,960 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44641, Louisville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,828 (100%) |
| Owner Occupied HU | 6,334 (71.7%) |
| Renter Occupied HU | 2,102 (23.8%) |
| Vacant Housing Units | 392 ( 4.4%) |
| Median Home Value | $222,565 |
| Average Home Value | $241,663 |
Housing Distribution
Address Breakdown
Residential
8,691
Single Family
8,360
Multi-Family
331
Businesses
432
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Listed by: Ginger E Kuhn • Keller Williams Legacy Group Realty
Mls Name: MLS Now
Mls ID: #5164619