486 Broadway AveLouisvilleOH44641
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
Investment Highlights
Rental property for sale in Louisville at 486 Broadway Ave, Louisville, OH, 44641 priced at $339,265 pairs $2,419/mo rent with $187/mo cash flow after a $1,661/mo payment. Total monthly income equals $2,419/mo, and annual cash flow comes to $2,243/yr on $112,466 invested. Return on cash invested is 21.9% in year one, and rental yield stands at 8.56% on a $339,265 basis. Equity gained on principal adds $2,189/yr, and 5% annual appreciation accumulates to $93,733 by year five. Five-year ROI measures 114.04% and total cumulative return in cash reaches $128,259. For financing, Ziffy Mortgage’s DSCR program evaluates $2,419/mo property income against a $1,661/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44641, Louisville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,828 (100%) |
| Owner Occupied HU | 6,334 (71.7%) |
| Renter Occupied HU | 2,102 (23.8%) |
| Vacant Housing Units | 392 ( 4.4%) |
| Median Home Value | $222,565 |
| Average Home Value | $241,663 |
Housing Distribution
Address Breakdown
Residential
8,691
Single Family
8,360
Multi-Family
331
Businesses
432
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Nearby investment properties with comparable prices
Listed by: N/A • K Hovnanian Homes
Mls Name: K. Hovnanian Companies, LLC
Mls Provider:
Mls ID: #N/A