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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Ada at 212 N Simon St, Ada, OH, 45810 priced at $179,900 converts $1,320/mo rent into $136/mo cash flow after a $881/mo obligation. Total monthly income equals $1,320/mo, and annual cash flow totals $1,634/yr on $59,637 invested. Return on cash invested prints 22.65% in year one, and rental yield reads 8.8% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. Five-year ROI reaches 118.13% and total cumulative return in cash sums $70,449. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,320/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1990
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45810, Ada, OH area.
| 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 |
Residential
2,636
Single Family
2,541
Multi-Family
95
Businesses
148
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Becky Reed • Century 21 Sunway Realty-Kenton
Mls Name: WCAR OH
Mls ID: #308852
