114 4th 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 114 4th St, Louisville, OH, 44641 generates $1,443/mo in rent and, after a $905/mo payment, leaves $227/mo in cash flow. Total monthly income is $1,443/mo, and annual cash flow is $2,719/yr on $61,328 invested. Return on cash invested sits at 24.34% in year one, and rental yield is 9.36% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 127.17% and total cumulative return in cash sums $77,991. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,443/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
7,840 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: Roman Smith • Howard Hanna
Mls Name: MLS Now
Mls ID: #5107804