37 Hemingway AveAshvilleOH43103
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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
Investment property for sale in Ashville at 37 Hemingway Ave, Ashville, OH, 43103 listed at $588,660 pairs $1,860/mo rent with a $2,881/mo payment. Total monthly income runs $1,860/mo. Return on cash invested measures 7.48% in year one, and rental yield registers 3.79% at a $588,660 basis. Equity gained on principal adds $3,799/yr, and annual property appreciation at 5% supports $162,636 by year five. Five-year ROI tracks 36.71% and total cumulative return in cash totals $71,091. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,860/mo property income relative to a $2,881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
10,018 sqft lot
$N/A/sqft
$225 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43103, Ashville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,693 (100%) |
| Owner Occupied HU | 3,974 (69.8%) |
| Renter Occupied HU | 1,332 (23.4%) |
| Vacant Housing Units | 387 ( 6.8%) |
| Median Home Value | $254,511 |
| Average Home Value | $287,111 |
Housing Distribution
Address Breakdown
Residential
5,457
Single Family
4,792
Multi-Family
665
Businesses
203
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Listed by: Teresa Baines • New Home Star, LLC
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225030780
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