579 Virginia StAshvilleOH43103
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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 Ashville at 579 Virginia St, Ashville, OH, 43103 priced at $319,900 converts $2,282/mo rent into $159/mo cash flow after a $1,566/mo obligation. Total monthly income equals $2,282/mo, and annual cash flow totals $1,905/yr on $106,047 invested. Return on cash invested prints 21.71% in year one, and rental yield reads 8.56% against a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation compiles into $88,382 by year five. Five-year ROI reaches 113.07% and total cumulative return in cash sums $119,912. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,282/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Single Family
Built in 2009
10,454 sqft lot
$N/A/sqft
$225 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43103, Ashville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,693 (100%) |
| Owner Occupied HU | 3,974 (69.8%) |
| Renter Occupied HU | 1,332 (23.4%) |
| Vacant Housing Units | 387 ( 6.8%) |
| Median Home Value | $254,511 |
| Average Home Value | $287,111 |
Housing Distribution
Address Breakdown
Residential
5,457
Single Family
4,792
Multi-Family
665
Businesses
203
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Listed by: Lynn L Cook • NextHome Experience
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225024899
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.