260 Broadway St NLynchburgOH45142
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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 Lynchburg at 260 Broadway St N, Lynchburg, OH, 45142 priced at $289,000 pairs $870/mo rent with after a $1,415/mo payment. Total monthly income equals $870/mo. Return on cash invested is 6.99% in year one, and rental yield stands at 3.61% on a $289,000 basis. Equity gained on principal adds $1,865/yr, and 5% annual appreciation accumulates to $79,845 by year five. Five-year ROI measures 34.08% and total cumulative return in cash reaches $32,654. For financing, Ziffy Mortgage’s DSCR program evaluates $870/mo property income against a $1,415/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1843
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45142, Lynchburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,908 (100%) |
| Owner Occupied HU | 1,383 (72.5%) |
| Renter Occupied HU | 380 (19.9%) |
| Vacant Housing Units | 145 ( 7.6%) |
| Median Home Value | $174,830 |
| Average Home Value | $249,890 |
Housing Distribution
Address Breakdown
Residential
1,245
Single Family
1,245
Multi-Family
0
Businesses
9
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