318 E Water StGreenvilleOH45331
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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 Greenville at 318 E Water St, Greenville, OH, 45331 generates $1,429/mo in rent and, after a $974/mo payment, leaves $120/mo in cash flow. Total monthly income is $1,429/mo, and annual cash flow is $1,440/yr on $65,969 invested. Return on cash invested sits at 22.09% in year one, and rental yield is 8.62% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 115.14% and total cumulative return in cash sums $75,954. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,429/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45331, Greenville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,540 (100%) |
| Owner Occupied HU | 6,485 (61.5%) |
| Renter Occupied HU | 3,166 (30.0%) |
| Vacant Housing Units | 889 ( 8.4%) |
| Median Home Value | $171,551 |
| Average Home Value | $205,806 |
Housing Distribution
Address Breakdown
Residential
9,937
Single Family
9,663
Multi-Family
274
Businesses
819
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Listed by: Pamela Bornhorst • Keller Williams Home Town Rlty
Mls Name: DABR MLS
Mls ID: #947318