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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% |
Investment property for sale in Ada at 523 S Simon St, Ada, OH, 45810 at $149,900 posts ROI 27.97% with $334/mo cash flow from $1,320/mo rent. Total monthly income equals $1,320/mo, and annual cash flow records $4,004/yr on $49,692 to close. Return on cash invested measures 27.97% and rental yield reads 10.57% at the current $149,900. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 by year five. Five-year ROI prints 146.6% and total cumulative return in cash totals $72,851.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,320/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1969
9,748 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 |
|---|---|---|
| 2025-08-25 | Pending sale | $149,900 |
| 2025-08-22 | Listed for sale | $149,900 |
| 2015-03-20 | Sold | $109,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-26 | $1587.22 | 0.67% | $41,330 | N/A |
| 2023-08-26 | $1576.58 | -0.62% | $41,330 | 14.46% |
| 2022-08-26 | $1586.38 | -9.16% | $36,110 | N/A |
Listed by: Becky Neville • Century 21 Sunway Realty
Mls Name: NORIS
Mls ID: #6134772
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. 2025 NORIS. All rights reserved.
