915 Meese RdLouisvilleOH44641
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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 915 Meese Rd, Louisville, OH, 44641 priced at $348,000 converts $2,634/mo rent into $345/mo cash flow after a $1,703/mo obligation. Total monthly income equals $2,634/mo, and annual cash flow totals $4,142/yr on $115,362 invested. Return on cash invested prints 23.5% in year one, and rental yield reads 9.08% against a $348,000 entry. Equity gained on principal adds $2,246/yr, while 5% annual appreciation compiles into $96,146 by year five. Five-year ROI reaches 122.64% and total cumulative return in cash sums $141,478. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,634/mo property income covering a $1,703/mo payment, not borrower’s personal income.
Single Family
Built in 1991
0.47 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: Dean Mickley • Howard Hanna
Mls Name: MLS Now
Mls ID: #5098831