271 Sherman AveAshlandOH44805
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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 Ashland at 271 Sherman Ave, Ashland, OH, 44805 offers $907/mo rent that, after a $562/mo payment, leaves $152/mo cash flow. Total monthly income is $907/mo, and annual cash flow is $1,819/yr on $38,089 cash. Return on cash invested measures 24.68% in year one, and rental yield stands at 9.47% at a $114,900 entry. Equity gained on principal adds $741/yr while 5% annual appreciation compounds into $31,745 by year five. Five-year ROI records 129.05% and total cumulative return in cash reaches $49,154. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $907/mo property income versus a $562/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1901
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44805, Ashland, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
13,621
Single Family
12,848
Multi-Family
773
Businesses
1,008
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Listed by: Jeffrey Schultheis • I Heart Real Estate
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225007296
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.