204 Miller StLeesburgOH45135
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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 Leesburg at 204 Miller St, Leesburg, OH, 45135 priced at $174,000 converts $678/mo rent into after a $852/mo obligation. Total monthly income equals $678/mo. Return on cash invested prints 10.2% in year one, and rental yield reads 4.68% against a $174,000 entry. Equity gained on principal adds $1,123/yr, while 5% annual appreciation compiles into $48,073 by year five. Five-year ROI reaches 51.35% and total cumulative return in cash sums $29,621. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $678/mo property income covering a $852/mo payment, not borrower’s personal income.
Single Family
Built in 1901
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45135, Leesburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,107 (100%) |
| Owner Occupied HU | 1,434 (68.1%) |
| Renter Occupied HU | 478 (22.7%) |
| Vacant Housing Units | 195 ( 9.3%) |
| Median Home Value | $209,574 |
| Average Home Value | $274,568 |
Housing Distribution
Address Breakdown
Residential
1,649
Single Family
1,589
Multi-Family
60
Businesses
63
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