403 Central AveGreenvilleOH45331
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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 403 Central Ave, Greenville, OH, 45331 generates $1,108/mo in rent and, after a $685/mo payment, leaves $187/mo in cash flow. Total monthly income is $1,108/mo, and annual cash flow is $2,248/yr on $46,410 invested. Return on cash invested sits at 24.75% in year one, and rental yield is 9.5% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 129.38% and total cumulative return in cash sums $60,046. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,108/mo property income rather than buyer’s personal income.
Multi Family
Built in 1910
7,087 sqft 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: Jody Rhoades • Leis Realty Company
Mls Name: DABR MLS
Mls ID: #943064