5825 Lake RdAshtabulaOH44004
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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 Ashtabula at 5825 Lake Rd, Ashtabula, OH, 44004 listed at $160,000 pairs $660/mo rent with a $783/mo payment. Total monthly income runs $660/mo. Return on cash invested measures 11.03% in year one, and rental yield registers 4.95% at a $160,000 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,205 by year five. Five-year ROI tracks 55.77% and total cumulative return in cash totals $29,582. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $660/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44004, Ashtabula, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,725 (100%) |
| Owner Occupied HU | 8,611 (54.8%) |
| Renter Occupied HU | 4,963 (31.6%) |
| Vacant Housing Units | 2,151 (13.7%) |
| Median Home Value | $148,843 |
| Average Home Value | $183,060 |
Housing Distribution
Address Breakdown
Residential
14,394
Single Family
13,309
Multi-Family
1,085
Businesses
911
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