1310 Meadow Ln, Ashland, OH, 44805 | 6.89% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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1310 Meadow Ln, Ashland, OH, 44805 | 6.89% Rental Yield | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Ashland at 1310 Meadow Ln, Ashland, OH, 44805 earns from $1,320/mo rent with a $1,125/mo payment. Total monthly income totals $1,320/mo. ROI tracks 16.89% on current figures, and rental yield reads 6.89% at a $229,900 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 over five years. Five-year ROI reaches 87.14% and total cumulative return in cash sums $66,407. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,320/mo property income instead of your personal income.

Single Family

Built in 1965

0.27 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this charming three-bedroom, one-and-a-half-bath brick ranch tucked into a quiet neighborhood and conveniently located near local amenities. From the moment you arrive, youll appreciate the classic curb appeal, attached two-car garage, and a fully fenced backyard perfect for relaxing or entertaining. Step inside to a warm and inviting living room with a beautiful fireplace and newer carpeting, setting the stage for cozy gatherings. The eat-in kitchen offers plenty of space for meals and comes equipped with all newer appliances. Just down the hall, youll find three sizable bedrooms, each with original hardwood flooring and large closets for ample storage. The main full bathroom features a shower/tub combo and a newer vanity, while the convenient half bath has been updated with a newer toilet and fixtures. The lower level expands your living space with a laundry area including washer and dryer, built-in storage shelving, and an additional room that only needs drywall to be completedideal for a future home office, playroom, or hobby area. Peace of mind comes with the many updates: roof (2023), hot water tank, electrical panel and meter (2021), range (approx. 3 years old), newer vanities and toilets, plus professional waterproofing with downspouts, drain tile, and sump pump completed in fall 2024. Move-in ready and full of potential, this home combines comfort, updates, and a prime locationdont miss your chance to make it yours!

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