300 Kennedy StLouisvilleOH44641
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
Investment property for sale in Louisville at 300 Kennedy St, Louisville, OH, 44641 with 5% annual appreciation on a $300,000 basis while $2,700/mo rent supports operations. Total monthly income totals $2,700/mo and a $1,468/mo payment preserves $727/mo for cash returns. Annual cash flow comes to $8,724/yr on $99,450 deployed, and return on cash invested reaches 28.68% in year one. Equity gained on principal adds $1,936/yr, and five-year appreciation sums $82,884 alongside rental yield of 10.8%. Five-year ROI measures 150.38% and total cumulative return in cash totals $149,556.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,700/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1968
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44641, Louisville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,828 (100%) |
| Owner Occupied HU | 6,334 (71.7%) |
| Renter Occupied HU | 2,102 (23.8%) |
| Vacant Housing Units | 392 ( 4.4%) |
| Median Home Value | $222,565 |
| Average Home Value | $241,663 |
Housing Distribution
Address Breakdown
Residential
8,691
Single Family
8,360
Multi-Family
331
Businesses
432
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joanna D Belden • Howard Hanna
Mls Name: MLS Now
Mls ID: #5168499