6323 Georgetown StLouisvilleOH44641
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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 Louisville at 6323 Georgetown St, Louisville, OH, 44641 generates $1,819/mo in rent and, after a $597/mo payment, leaves $1,017/mo in cash flow. Total monthly income is $1,819/mo, and annual cash flow is $12,200/yr on $40,443 invested. Return on cash invested sits at 50.07% in year one, and rental yield is 17.89% on a $122,000 entry. Equity gained on principal adds $787/yr, while 5% annual appreciation builds toward $33,706 over five years. Five-year ROI reaches 265.17% and total cumulative return in cash sums $107,243. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,819/mo property income rather than buyer’s personal income.
Single Family
Built in 1939
2.83 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: #5179231