1123 Hillcrest 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
Rental property for sale in Ashland at 1123 Hillcrest Dr, Ashland, OH, 44805 priced at $157,500 pairs $1,006/mo rent with after a $771/mo payment. Total monthly income equals $1,006/mo. Return on cash invested is 15.08% in year one, and rental yield stands at 7.66% on a $157,500 basis. Equity gained on principal adds $1,016/yr, and 5% annual appreciation accumulates to $43,514 by year five. Five-year ROI measures 78.94% and total cumulative return in cash reaches $41,217. For financing, Ziffy Mortgage’s DSCR program evaluates $1,006/mo property income against a $771/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1987
N/A lot
$N/A/sqft
$180 monthly 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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