20 Hemingway AveAshvilleOH43103
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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 20 Hemingway Ave, Ashville, OH, 43103 priced at $359,990 converts $1,860/mo rent into after a $1,762/mo obligation. Total monthly income equals $1,860/mo. Return on cash invested prints 14.8% in year one, and rental yield reads 6.2% against a $359,990 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation compiles into $99,459 by year five. Five-year ROI reaches 75.99% and total cumulative return in cash sums $90,678. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,860/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in 2025
7,840 sqft 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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