61 Jefferson AveAshvilleOH43103
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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 Ashville at 61 Jefferson Ave, Ashville, OH, 43103 offers a 8.49% rental yield on a $225,000 purchase with $1,592/mo rent. Total monthly income registers $1,592/mo, and a $1,101/mo payment leaves $112/mo available for distribution. Annual cash flow reaches $1,347/yr on $74,588 to close, and return on cash invested stands at 21.71% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 113.08% and total cumulative return in cash at $84,345. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,592/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1938
6,969 sqft lot
$N/A/sqft
No 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: Pamela Moore • Coldwell Banker Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225003278
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.