4180 Aspen PlWest SalemOH44287
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 4180 Aspen Pl, West Salem, OH, 44287 in West Salem delivers $2,069/mo in gross rent and $385/mo in net monthly income at a $256,000 entry. The 9.7% yield and 1.80 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $70,728 over five years and $2,358/yr in equity from loan paydown, total projected return is $122,332.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 6.2% |
| Monthly Cash Flow | $385 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,069 |
| Total Monthly Debt Service | $1,582 |
| DSCR Ratio | 1.31x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2011
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44287, West Salem, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,201 (100%) |
| Owner Occupied HU | 2,547 (79.6%) |
| Renter Occupied HU | 404 (12.6%) |
| Vacant Housing Units | 250 ( 7.8%) |
| Median Home Value | $216,776 |
| Average Home Value | $286,347 |
Housing Distribution
Address Breakdown
Residential
2,879
Single Family
2,289
Multi-Family
590
Businesses
109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2011
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44287, West Salem, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,201 (100%) |
| Owner Occupied HU | 2,547 (79.6%) |
| Renter Occupied HU | 404 (12.6%) |
| Vacant Housing Units | 250 ( 7.8%) |
| Median Home Value | $216,776 |
| Average Home Value | $286,347 |
Housing Distribution
Address Breakdown
Residential
2,879
Single Family
2,289
Multi-Family
590
Businesses
109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vicki Young • NextHome Next Stepp
Mls Name: Ashland BOR
Mls ID: #229371
Disclaimer: Copyright Ashland Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.