634 Marlo AveAshlandOH44805
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ashland at 634 Marlo Ave, Ashland, OH, 44805 uses $49,626 cash to close to unlock $9,360/yr annual cash flow and $780/mo monthly cash flow. Total monthly income runs $1,765/mo, and a $733/mo payment keeps the spread at $780/mo. Purchase price stands at $149,700, and rental yield measures 14.15% with $1,765/mo rent. Return on cash invested shows 38.77% in year one, and 5% annual appreciation builds toward $41,359 over five years. Five-year ROI reaches 204.49% and total cumulative return in cash records $101,480. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,765/mo property income covering a $733/mo payment rather than investor’s personal income.
Single Family
Built in 1921
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44805, Ashland, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
13,621
Single Family
12,848
Multi-Family
773
Businesses
1,008
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices