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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Ashland at 1115 Cottage St, Ashland, OH, 44805 offers a 9.37% rental yield on a $115,000 purchase with $898/mo rent. Total monthly income registers $898/mo, and a $563/mo payment leaves $141/mo available for distribution. Annual cash flow reaches $1,697/yr on $38,123 to close, and return on cash invested stands at 24.36% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 127.29% and total cumulative return in cash at $48,525. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $898/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1901
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44805, Ashland, OH area.
| 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 |
Residential
13,621
Single Family
12,848
Multi-Family
773
Businesses
1,008
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Trina Swan • Coldwell Banker Ward RE
Mls Name: MLS Now
Mls ID: #5161499
