1006 Thomas DrAshlandOH44805
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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
Investment property for sale in Ashland at 1006 Thomas Dr, Ashland, OH, 44805 uses $97,627 cash to close to unlock $1,719/yr annual cash flow and $143/mo monthly cash flow. Total monthly income runs $2,080/mo, and a $1,441/mo payment keeps the spread at $143/mo. Purchase price stands at $294,500, and rental yield measures 8.48% with $2,080/mo rent. Return on cash invested shows 21.67% in year one, and 5% annual appreciation builds toward $81,365 over five years. Five-year ROI reaches 112.83% and total cumulative return in cash records $110,149. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,080/mo property income covering a $1,441/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44805, Ashland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,098 (100%) |
| Owner Occupied HU | 9,068 (64.3%) |
| Renter Occupied HU | 3,892 (27.6%) |
| Vacant Housing Units | 1,138 ( 8.1%) |
| Median Home Value | $181,882 |
| Average Home Value | $234,167 |
Housing Distribution
Address Breakdown
Residential
13,621
Single Family
12,848
Multi-Family
773
Businesses
1,008
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