316 N Commerce StLewisburgOH45338
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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 316 N Commerce St, Lewisburg, OH, 45338 uses $48,068 cash to close to unlock $1,787/yr annual cash flow and $149/mo monthly cash flow. Total monthly income runs $1,103/mo, and a $710/mo payment keeps the spread at $149/mo. Purchase price stands at $145,000, and rental yield measures 9.13% with $1,103/mo rent. Return on cash invested shows 23.63% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 123.32% and total cumulative return in cash records $59,276. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,103/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in 1900
4,225 sqft 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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