2121 N Pevee RdAdaOH45810
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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 2121 N Pevee Rd, Ada, OH, 45810 offers $1,231/mo rent that, after a $783/mo payment, leaves $179/mo cash flow. Total monthly income is $1,231/mo, and annual cash flow is $2,146/yr on $53,007 cash. Return on cash invested measures 23.96% in year one, and rental yield stands at 9.24% at a $159,900 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,177 by year five. Five-year ROI records 125.09% and total cumulative return in cash reaches $66,306. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,231/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
5.12 Acres 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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Listed by: Jaylene Smith • Dye Real Estate & Land Company
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306481
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.