2508 Ashurst RdUniversity HeightsOH44118
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 University Heights at 2508 Ashurst Rd, University Heights, OH, 44118 priced at $285,607 converts $2,617/mo rent into $384/mo cash flow after a $1,398/mo obligation. Total monthly income equals $2,617/mo, and annual cash flow totals $4,603/yr on $94,679 invested. Return on cash invested prints 24.77% in year one, and rental yield reads 11% against a $285,607 entry. Equity gained on principal adds $1,843/yr, while 5% annual appreciation compiles into $78,908 by year five. Five-year ROI reaches 131.07% and total cumulative return in cash sums $124,097. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,617/mo property income covering a $1,398/mo payment, not borrower’s personal income.
Single Family
Built in 1958
9,901 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Nicole Rodriguez • Engel & Vlkers Distinct
Mls Name: MLS Now
Mls Provider:
Mls ID: #5119506
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