Oleander Plan, Aspire at Orchard ParkLouisvilleOH44641
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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 Oleander Plan, Aspire at Orchard Park, Louisville, OH, 44641 offers $3,028/mo rent that, after a $1,532/mo payment, leaves $969/mo cash flow. Total monthly income is $3,028/mo, and annual cash flow is $11,630/yr on $103,756 cash. Return on cash invested measures 31.12% in year one, and rental yield stands at 11.61% at a $312,990 entry. Equity gained on principal adds $2,020/yr while 5% annual appreciation compounds into $86,473 by year five. Five-year ROI records 163.5% and total cumulative return in cash reaches $169,642. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,028/mo property income versus a $1,532/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A 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: N/A • K Hovnanian Homes
Mls Name: K. Hovnanian Companies, LLC
Mls Provider:
Mls ID: #N/A