3030 State Route 229AshleyOH43003
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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 Ashley at 3030 State Route 229, Ashley, OH, 43003 generates $2,308/mo in rent, after a $3,304/mo payment. Total monthly income is $2,308/mo. Return on cash invested sits at 8.54% in year one, and rental yield is 4.1% on a $675,000 entry. Equity gained on principal adds $4,356/yr, while 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 42.34% and total cumulative return in cash sums $94,035. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,308/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43003, Ashley, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,445 (100%) |
| Owner Occupied HU | 1,020 (70.6%) |
| Renter Occupied HU | 322 (22.3%) |
| Vacant Housing Units | 103 ( 7.1%) |
| Median Home Value | $246,175 |
| Average Home Value | $275,407 |
Housing Distribution
Address Breakdown
Residential
925
Single Family
925
Multi-Family
0
Businesses
61
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