220 E Loudon AveLoudonvilleOH44842
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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 Loudonville at 220 E Loudon Ave, Loudonville, OH, 44842 with 5% annual appreciation on a $175,000 basis while $1,508/mo rent supports operations. Total monthly income totals $1,508/mo and a $857/mo payment preserves $356/mo for cash returns. Annual cash flow comes to $4,277/yr on $58,013 deployed, and return on cash invested reaches 27.28% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,349 alongside rental yield of 10.34%. Five-year ROI measures 142.93% and total cumulative return in cash totals $82,915.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,508/mo property income versus a $857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
0.31 Acres 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: Shaun Riley • Wilson Family Realty Corp
Mls Name: MAR
Mls ID: #9070277