111 Ashland Dr APT ASouth PointOH45680
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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 South Point at 111 Ashland Dr APT A, South Point, OH, 45680 with 5% annual appreciation on a $189,900 basis while $1,497/mo rent supports operations. Total monthly income totals $1,497/mo and a $929/mo payment preserves $248/mo for cash returns. Annual cash flow comes to $2,980/yr on $62,952 deployed, and return on cash invested reaches 24.64% in year one. Equity gained on principal adds $1,225/yr, and five-year appreciation sums $52,466 alongside rental yield of 9.46%. Five-year ROI measures 128.79% and total cumulative return in cash totals $81,077.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,497/mo property income versus a $929/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2013
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45680, South Point, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,469 (100%) |
| Owner Occupied HU | 3,298 (60.3%) |
| Renter Occupied HU | 1,625 (29.7%) |
| Vacant Housing Units | 546 ( 10.0%) |
| Median Home Value | $161,027 |
| Average Home Value | $182,771 |
Housing Distribution
Address Breakdown
Residential
5,406
Single Family
5,364
Multi-Family
42
Businesses
319
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Listed by: Tracy Bunch • Bunch Real Estate Associates
Mls Name: HUNTMLS
Mls ID: #182622