2 Mead Mill DrAshvilleOH43103
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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 Ashville at 2 Mead Mill Dr, Ashville, OH, 43103 priced at $386,240 pairs $1,860/mo rent with after a $1,890/mo payment. Total monthly income equals $1,860/mo. Return on cash invested is 13.53% in year one, and rental yield stands at 5.78% on a $386,240 basis. Equity gained on principal adds $2,492/yr, and 5% annual appreciation accumulates to $106,711 by year five. Five-year ROI measures 69.15% and total cumulative return in cash reaches $88,540. For financing, Ziffy Mortgage’s DSCR program evaluates $1,860/mo property income against a $1,890/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43103, Ashville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,693 (100%) |
| Owner Occupied HU | 3,974 (69.8%) |
| Renter Occupied HU | 1,332 (23.4%) |
| Vacant Housing Units | 387 ( 6.8%) |
| Median Home Value | $254,511 |
| Average Home Value | $287,111 |
Housing Distribution
Address Breakdown
Residential
5,457
Single Family
4,792
Multi-Family
665
Businesses
203
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