227 Markwith AveGreenvilleOH45331
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Greenville at 227 Markwith Ave, Greenville, OH, 45331 priced at $144,900 converts $1,246/mo rent into $293/mo cash flow after a $709/mo obligation. Total monthly income equals $1,246/mo, and annual cash flow totals $3,517/yr on $48,034 invested. Return on cash invested prints 27.23% in year one, and rental yield reads 10.32% against a $144,900 entry. Equity gained on principal adds $935/yr, while 5% annual appreciation compiles into $40,033 by year five. Five-year ROI reaches 142.72% and total cumulative return in cash sums $68,557. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,246/mo property income covering a $709/mo payment, not borrower’s personal income.
Single Family
Built in 1970
6,224 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45331, Greenville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,540 (100%) |
| Owner Occupied HU | 6,485 (61.5%) |
| Renter Occupied HU | 3,166 (30.0%) |
| Vacant Housing Units | 889 ( 8.4%) |
| Median Home Value | $171,551 |
| Average Home Value | $205,806 |
Housing Distribution
Address Breakdown
Residential
9,937
Single Family
9,663
Multi-Family
274
Businesses
819
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Douglas G Harman • First Choice Realty
Mls Name: DABR MLS
Mls ID: #942260