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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Loudonville at 232 Hoffman Rd, Loudonville, OH, 44842 offers a 6.73% rental yield on a $259,000 purchase with $1,452/mo rent. 39% in year one. Equity gained on principal adds $1,671/yr while 5% annual appreciation supports $71,557 over five years. Portfolio math shows five-year ROI at 84.52% and total cumulative return in cash at $72,568. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,452/mo property income against a $1,268/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44842, Loudonville, OH area.
| 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 |
Residential
2,446
Single Family
2,415
Multi-Family
31
Businesses
232
Date | Event | Price |
|---|---|---|
| 2025-09-02 | Sold | $259,000 |
| 2025-07-14 | Pending sale | $259,900 |
| 2025-07-14 | Contingent | $259,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-29 | $1903.76 | -0.13% | $48,980 | N/A |
| 2023-10-29 | $1906.22 | 27.28% | $48,980 | 45.00% |
| 2022-10-29 | $1497.66 | 41.07% | $33,780 | N/A |
Listed by: Jennifer D Crilow • Cutler Real Estate
Mls Name: MLS Now
Mls Provider:
Mls ID: #5131947
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2025 - Multiple Listing Service, Inc. All Rights Reserved.
