2294 E 40th #USLewisburgOH45338
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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 Lewisburg at 2294 E 40th #US, Lewisburg, OH, 45338 listed at $494,900 pairs $1,626/mo rent with a $2,422/mo payment. Total monthly income runs $1,626/mo. Return on cash invested measures 7.99% in year one, and rental yield registers 3.94% at a $494,900 basis. Equity gained on principal adds $3,194/yr, and annual property appreciation at 5% supports $136,732 by year five. Five-year ROI tracks 39.45% and total cumulative return in cash totals $64,719. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,626/mo property income relative to a $2,422/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
20.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45338, Lewisburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,317 (100%) |
| Owner Occupied HU | 1,730 (74.7%) |
| Renter Occupied HU | 443 (19.1%) |
| Vacant Housing Units | 144 ( 6.2%) |
| Median Home Value | $200,000 |
| Average Home Value | $246,803 |
Housing Distribution
Address Breakdown
Residential
1,930
Single Family
1,901
Multi-Family
29
Businesses
115
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