Price Does Not Include Lot #6E6JDBLouisvilleOH44641
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 Louisville at Price Does Not Include Lot #6E6JDB, Louisville, OH, 44641 priced at $411,800 converts $3,407/mo rent into $698/mo cash flow after a $2,016/mo obligation. Total monthly income equals $3,407/mo, and annual cash flow totals $8,374/yr on $136,512 invested. Return on cash invested prints 26.04% in year one, and rental yield reads 9.93% against a $411,800 entry. Equity gained on principal adds $2,657/yr, while 5% annual appreciation compiles into $113,773 by year five. Five-year ROI reaches 136.24% and total cumulative return in cash sums $185,989. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,407/mo property income covering a $2,016/mo payment, not borrower’s personal income.
Single Family
Built in 2023
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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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