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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 Ada at 314 S Simon St, Ada, OH, 45810 offers $1,872/mo rent that, after a $1,761/mo payment. Total monthly income is $1,872/mo. Return on cash invested measures 14.93% in year one, and rental yield stands at 6.25% at a $359,700 entry. Equity gained on principal adds $2,321/yr while 5% annual appreciation compounds into $99,378 by year five. Five-year ROI records 76.68% and total cumulative return in cash reaches $91,439. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,872/mo property income versus a $1,761/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1920
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45810, Ada, OH area.
| 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 |
Residential
2,636
Single Family
2,541
Multi-Family
95
Businesses
148
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: Rebecca Neville • Century 21 Sunway Realty-Ada
Mls Name: WCAR OH
Mls ID: #308569
