723 Pearl DrLoudonvilleOH44842
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Loudonville at 723 Pearl Dr, Loudonville, OH, 44842 priced at $249,900 converts $2,058/mo rent into $414/mo cash flow after a $1,223/mo obligation. Total monthly income equals $2,058/mo, and annual cash flow totals $4,972/yr on $82,842 invested. Return on cash invested prints 25.91% in year one, and rental yield reads 9.88% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 135.59% and total cumulative return in cash sums $112,322. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,058/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Single Family
Built in 2025
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44842, Loudonville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,485 (100%) |
| Owner Occupied HU | 1,703 (68.5%) |
| Renter Occupied HU | 573 (23.1%) |
| Vacant Housing Units | 209 ( 8.4%) |
| Median Home Value | $213,705 |
| Average Home Value | $240,567 |
Housing Distribution
Address Breakdown
Residential
2,446
Single Family
2,415
Multi-Family
31
Businesses
232
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Richard Merritt • Coldwell Banker-Quest
Mls Name: KCBR
Mls ID: #20250718