210 N Gilbert StAdaOH45810
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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 Ada at 210 N Gilbert St, Ada, OH, 45810 priced at $229,900 converts $1,692/mo rent into $180/mo cash flow after a $1,125/mo obligation. Total monthly income equals $1,692/mo, and annual cash flow totals $2,160/yr on $76,212 invested. Return on cash invested prints 22.74% in year one, and rental yield reads 8.83% against a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,517 by year five. Five-year ROI reaches 118.55% and total cumulative return in cash sums $90,347. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,692/mo property income covering a $1,125/mo payment, not borrower’s personal income.
Single Family
Built in 1920
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45810, Ada, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,039 (100%) |
| Owner Occupied HU | 1,684 (55.4%) |
| Renter Occupied HU | 947 (31.2%) |
| Vacant Housing Units | 408 (13.4%) |
| Median Home Value | $176,923 |
| Average Home Value | $194,590 |
Housing Distribution
Address Breakdown
Residential
2,636
Single Family
2,541
Multi-Family
95
Businesses
148
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