5700 Broadway AveLouisvilleOH44641
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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 Louisville at 5700 Broadway Ave, Louisville, OH, 44641 uses $53,040 cash to close to unlock $2,792/yr annual cash flow and $233/mo monthly cash flow. Total monthly income runs $1,285/mo, and a $783/mo payment keeps the spread at $233/mo. Purchase price stands at $160,000, and rental yield measures 9.64% with $1,285/mo rent. Return on cash invested shows 25.17% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 131.63% and total cumulative return in cash records $69,818. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,285/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1927
0.74 Acres 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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Listed by: Ross C Barton III • Beth Rose Real Estate and Auctions, LLC
Mls Name: MLS Now
Mls ID: #5177185