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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 Ashland at 232 High St, Ashland, OH, 44805 offers $1,320/mo rent that, after a $929/mo payment, leaves $71/mo cash flow. Total monthly income is $1,320/mo, and annual cash flow is $856/yr on $62,952 cash. Return on cash invested measures 21.27% in year one, and rental yield stands at 8.34% at a $189,900 entry. Equity gained on principal adds $1,225/yr while 5% annual appreciation compounds into $52,466 by year five. Five-year ROI records 110.7% and total cumulative return in cash reaches $69,689. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,320/mo property income versus a $929/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1907
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44805, Ashland, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,098 (100%) |
| Owner Occupied HU | 9,068 (64.3%) |
| Renter Occupied HU | 3,892 (27.6%) |
| Vacant Housing Units | 1,138 ( 8.1%) |
| Median Home Value | $181,882 |
| Average Home Value | $234,167 |
Residential
13,621
Single Family
12,848
Multi-Family
773
Businesses
1,008
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: Shannon Hill • RE/MAX Showcase
Mls Name: MLS Now
Mls ID: #5171433
