538 N Main 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
Investment property for sale in Ada at 538 N Main St, Ada, OH, 45810 with 5% annual appreciation on a $247,000 basis while $1,872/mo rent supports operations. Total monthly income totals $1,872/mo and a $1,209/mo payment preserves $247/mo for cash returns. Annual cash flow comes to $2,967/yr on $81,881 deployed, and return on cash invested reaches 23.53% in year one. Equity gained on principal adds $1,594/yr, and five-year appreciation sums $68,242 alongside rental yield of 9.09%. Five-year ROI measures 122.83% and total cumulative return in cash totals $100,576.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,872/mo property income versus a $1,209/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
0.44 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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Listed by: Rhonda K Crouse • Realistar
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225021664
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.