1614 E 49th StAshtabulaOH44004
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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 Ashtabula at 1614 E 49th St, Ashtabula, OH, 44004 listed at $119,500 pairs $944/mo rent with a $585/mo payment to leave $158/mo cash flow. Total monthly income runs $944/mo, and annual cash flow reaches $1,894/yr on $39,614 cash to close. Return on cash invested measures 24.69% in year one, and rental yield registers 9.48% at a $119,500 basis. Equity gained on principal adds $771/yr, and annual property appreciation at 5% supports $33,016 by year five. Five-year ROI tracks 129% and total cumulative return in cash totals $51,102. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $944/mo property income relative to a $585/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44004, Ashtabula, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,725 (100%) |
| Owner Occupied HU | 8,611 (54.8%) |
| Renter Occupied HU | 4,963 (31.6%) |
| Vacant Housing Units | 2,151 (13.7%) |
| Median Home Value | $148,843 |
| Average Home Value | $183,060 |
Housing Distribution
Address Breakdown
Residential
14,394
Single Family
13,309
Multi-Family
1,085
Businesses
911
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Nearby investment properties with comparable prices
Listed by: Tara Rhodes • Platinum Real Estate
Mls Name: MLS Now
Mls Provider:
Mls ID: #5154641
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