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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% |
Rental property for sale in Ashland at 601 E 8th St, Ashland, OH, 44805 generates $1,180/mo in rent and, after a $636/mo payment, leaves $325/mo in cash flow. Total monthly income is $1,180/mo, and annual cash flow is $3,904/yr on $43,062 invested. Return on cash invested sits at 28.97% in year one, and rental yield is 10.9% on a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 152.03% and total cumulative return in cash sums $65,467. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,180/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
5,201 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44805, Ashland, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,098 (100%) |
| Owner Occupied HU | 9,068 (64.3%) |
| Renter Occupied HU | 3,892 (27.6%) |
| Vacant Housing Units | 1,138 ( 8.1%) |
| Median Home Value | $181,882 |
| Average Home Value | $234,167 |
Residential
13,621
Single Family
12,848
Multi-Family
773
Businesses
1,008
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tracy Jones • Keller Williams Elevate
Mls Name: MLS Now
Mls ID: #5176562
