








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Ashland at 331 W Main St, Ashland, OH, 44805 uses $46,410 cash to close to unlock $5,380/yr annual cash flow and $448/mo monthly cash flow. Total monthly income runs $1,369/mo, and a $685/mo payment keeps the spread at $448/mo. Purchase price stands at $140,000, and rental yield measures 11.73% with $1,369/mo rent. Return on cash invested shows 31.5% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 165.61% and total cumulative return in cash records $76,858. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,369/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1910
1,989 sqft 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 |
|---|---|---|
| 2025-03-28 | Listed for sale | $140,000 |
| 2022-08-31 | Sold | $103,900 |
| 2022-08-01 | Pending sale | $103,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-31 | $1116.64 | 83.42% | $32,320 | 133.02% |
| 2022-03-31 | $608.78 | 4.93% | $13,870 | 2.59% |
| 2021-03-31 | $580.18 | N/A | $13,520 | N/A |



Listed by: Kerri Walker • The Holden Agency
Mls Name: MAR
Mls Provider:
Mls ID: #9066465
Disclaimer: Copyright Mansfield Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.