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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% |
Rental property for sale in Ashland at 118 W Walnut St, Ashland, OH, 44805 priced at $185,000 pairs $925/mo rent with after a $905/mo payment. Total monthly income equals $925/mo. Return on cash invested is 14.21% in year one, and rental yield stands at 6% on a $185,000 basis. Equity gained on principal adds $1,194/yr, and 5% annual appreciation accumulates to $51,112 by year five. Five-year ROI measures 72.79% and total cumulative return in cash reaches $44,643. For financing, Ziffy Mortgage’s DSCR program evaluates $925/mo property income against a $905/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1901
10,454 sqft 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 |
|---|---|---|
| 2024-08-16 | Listed for sale | $185,000 |
| 2024-01-26 | Listing removed | N/A |
| 2023-12-27 | Listed for rent | $550 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $1636.76 | 10.79% | $46,180 | 39.98% |
| 2022-10-16 | $1477.40 | 5.00% | $32,990 | N/A |
| 2021-10-16 | $1407.00 | N/A | $32,990 | N/A |
Listed by: Lisa Lang • Coldwell Banker Ward Real Estate
Mls Name: Ashland BOR
Mls ID: #228901
Disclaimer: Copyright Ashland Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
