328 N Union StLoudonvilleOH44842
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 328 N Union St, Loudonville, OH, 44842 in Loudonville is straightforward: $167,000 in, $1,411/mo in rent, $313/mo out after debt service. The 10.14% gross yield and 1.88 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $46,139 by year five. With $1,538/yr in principal equity, the total cumulative return is projected at $83,698.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.2% |
| Monthly Cash Flow | $313 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,411 |
| Total Monthly Debt Service | $1,032 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1903
10,798 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44842, Loudonville, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
2,446
Single Family
2,415
Multi-Family
31
Businesses
232
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
Single Family
Built in 1903
10,798 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44842, Loudonville, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
2,446
Single Family
2,415
Multi-Family
31
Businesses
232
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dee Wison-Hinkle • RE/MAX Showcase Ashland
Mls Name: Ashland BOR
Mls ID: #229361
Disclaimer: Copyright Ashland Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.