123 S Spring StLoudonvilleOH44842
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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
Total monthly income runs $900/mo, and a $1,094/mo payment. Purchase price stands at $223,500, and rental yield measures 4.83% with $900/mo rent. Return on cash invested shows 10.67% in year one, and 5% annual appreciation builds toward $61,749 over five years. Five-year ROI reaches 53.83% and total cumulative return in cash records $39,882. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $900/mo property income covering a $1,094/mo payment rather than investor’s personal income.
Single Family
Built in 1905
5,401 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44842, Loudonville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,485 (100%) |
| Owner Occupied HU | 1,703 (68.5%) |
| Renter Occupied HU | 573 (23.1%) |
| Vacant Housing Units | 209 ( 8.4%) |
| Median Home Value | $213,705 |
| Average Home Value | $240,567 |
Housing Distribution
Address Breakdown
Residential
2,446
Single Family
2,415
Multi-Family
31
Businesses
232
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Listed by: Tracy L Kauffman • Howard Hanna Real Estate Services
Mls Name: MLS Now
Mls ID: #5183226