408 S Commerce StLewisburgOH45338
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 408 S Commerce St, Lewisburg, OH, 45338 in Lewisburg hard to pass up. The 11.79% gross yield on a $175,000 purchase results in $1,720/mo in rent and $568/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.19). Annual cash flow of $6,822, five-year appreciation of $48,349, and $1,612/yr in equity build-up combine for a projected total cumulative return of $103,293.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 6.2% |
| Monthly Cash Flow | $568 | $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 | $1,720 |
| Total Monthly Debt Service | $1,082 |
| DSCR Ratio | 1.59x |
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 1900
9,504 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
Nearby investment properties with comparable rents
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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
Single Family
Built in 1900
9,504 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices