508 N Johnson StAdaOH45810
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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
Rental property for sale in Ada at 508 N Johnson St, Ada, OH, 45810 generates $925/mo in rent and, after a $563/mo payment, leaves $168/mo in cash flow. Total monthly income is $925/mo, and annual cash flow is $2,021/yr on $38,123 invested. Return on cash invested sits at 25.21% in year one, and rental yield is 9.65% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 131.85% and total cumulative return in cash sums $50,265. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $925/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45810, Ada, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
2,636
Single Family
2,541
Multi-Family
95
Businesses
148
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