5919 Lake #29, Ashtabula, OH, 44004 | 6.08% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Ashtabula at 5919 Lake #29, Ashtabula, OH, 44004 earns from $1,500/mo rent with a $1,448/mo payment. Total monthly income totals $1,500/mo. ROI tracks 14.45% on current figures, and rental yield reads 6.08% at a $295,900 purchase. Equity gained on principal adds $1,909/yr, and 5% annual appreciation supports $81,752 over five years. Five-year ROI reaches 74.07% and total cumulative return in cash sums $72,657. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,500/mo property income instead of your personal income.

Condo

Built in 2025

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