402 Ohio StAshlandOH44805
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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 Ashland at 402 Ohio St, Ashland, OH, 44805 with 5% annual appreciation on a $155,000 basis while $1,235/mo rent supports operations. Total monthly income totals $1,235/mo and a $759/mo payment preserves $215/mo for cash returns. Annual cash flow comes to $2,581/yr on $51,383 deployed, and return on cash invested reaches 24.93% in year one. Equity gained on principal adds $1,000/yr, and five-year appreciation sums $42,824 alongside rental yield of 9.56%. Five-year ROI measures 130.37% and total cumulative return in cash totals $66,988.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,235/mo property income versus a $759/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1903
6,346 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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