537 E 3rd StGreenvilleOH45331
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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 Greenville at 537 E 3rd St, Greenville, OH, 45331 uses $39,747 cash to close to unlock $4,658/yr annual cash flow and $388/mo monthly cash flow. Total monthly income runs $1,177/mo, and a $587/mo payment keeps the spread at $388/mo. Purchase price stands at $119,900, and rental yield measures 11.78% with $1,177/mo rent. Return on cash invested shows 31.63% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 166.32% and total cumulative return in cash records $66,108. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,177/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1900
5,179 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: Douglas G Harman • First Choice Realty
Mls Name: DABR MLS
Mls ID: #944626