603 Wards Corner RdLovelandOH45140
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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 Loveland at 603 Wards Corner Rd, Loveland, OH, 45140 generates $2,696/mo in rent, after a $2,080/mo payment. Total monthly income is $2,696/mo. Return on cash invested sits at 19.06% in year one, and rental yield is 7.61% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 98.81% and total cumulative return in cash sums $139,217. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,696/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45140, Loveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,006 (100%) |
| Owner Occupied HU | 17,357 (75.4%) |
| Renter Occupied HU | 4,644 (20.2%) |
| Vacant Housing Units | 1,005 ( 4.4%) |
| Median Home Value | $376,021 |
| Average Home Value | $402,406 |
Housing Distribution
Address Breakdown
Residential
22,218
Single Family
19,875
Multi-Family
2,343
Businesses
966
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