204 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
Investment property for sale in Louisville at 204 E Broad St, Louisville, OH, 44641 listed at $140,000 pairs $1,562/mo rent with a $685/mo payment to leave $641/mo cash flow. Total monthly income runs $1,562/mo, and annual cash flow reaches $7,696/yr on $46,410 cash to close. Return on cash invested measures 36.49% in year one, and rental yield registers 13.39% at a $140,000 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,679 by year five. Five-year ROI tracks 192.34% and total cumulative return in cash totals $89,266. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,562/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1901
6,011 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: Haley Armour • RE/MAX Edge Realty
Mls Name: MLS Now
Mls ID: #5143608