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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 430 N Simon St, Ada, OH, 45810 offers $1,304/mo rent that, after a $977/mo payment. Total monthly income is $1,304/mo. Return on cash invested measures 19.74% in year one, and rental yield stands at 7.84% at a $199,700 entry. Equity gained on principal adds $1,289/yr while 5% annual appreciation compounds into $55,173 by year five. Five-year ROI records 102.47% and total cumulative return in cash reaches $67,834. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,304/mo property income versus a $977/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
5,662 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 |
|---|---|---|
| 2025-03-22 | Listed for sale | $199,700 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-24 | $746.14 | 19.27% | $19,560 | 37.36% |
| 2022-03-24 | $625.58 | -9.16% | $14,240 | N/A |
| 2021-03-24 | $688.68 | 8.84% | $14,240 | N/A |
Listed by: Rhonda K Crouse • Realistar
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225008812
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
