440 E Main StLebanonOH45036
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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 Lebanon at 440 E Main St, Lebanon, OH, 45036 offers $2,091/mo rent that, after a $1,468/mo payment, leaves $118/mo cash flow. Total monthly income is $2,091/mo, and annual cash flow is $1,418/yr on $99,417 cash. Return on cash invested measures 21.34% in year one, and rental yield stands at 8.37% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 111.03% and total cumulative return in cash reaches $110,380. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,091/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1885
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45036, Lebanon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,137 (100%) |
| Owner Occupied HU | 11,405 (70.7%) |
| Renter Occupied HU | 4,230 (26.2%) |
| Vacant Housing Units | 502 ( 3.1%) |
| Median Home Value | $380,580 |
| Average Home Value | $426,576 |
Housing Distribution
Address Breakdown
Residential
15,577
Single Family
14,233
Multi-Family
1,344
Businesses
1,022
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