503 W Main StMalvernOH44644
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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
Investment property for sale in Malvern at 503 W Main St, Malvern, OH, 44644 uses $79,527 cash to close to unlock $1,214/yr annual cash flow and $101/mo monthly cash flow. Total monthly income runs $1,679/mo, and a $1,174/mo payment keeps the spread at $101/mo. Purchase price stands at $239,900, and rental yield measures 8.4% with $1,679/mo rent. Return on cash invested shows 21.44% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 111.61% and total cumulative return in cash records $88,759. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,679/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1905
7,618 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44644, Malvern, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,323 (100%) |
| Owner Occupied HU | 1,501 (64.6%) |
| Renter Occupied HU | 385 (16.6%) |
| Vacant Housing Units | 437 (18.8%) |
| Median Home Value | $186,787 |
| Average Home Value | $247,335 |
Housing Distribution
Address Breakdown
Residential
1,713
Single Family
1,681
Multi-Family
32
Businesses
128
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