800 Wick AveAshlandOH44805
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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
Rental property for sale in Ashland at 800 Wick Ave, Ashland, OH, 44805 generates $1,345/mo in rent and, after a $690/mo payment, leaves $418/mo in cash flow. Total monthly income is $1,345/mo, and annual cash flow is $5,014/yr on $46,708 invested. Return on cash invested sits at 30.64% in year one, and rental yield is 11.45% on a $140,900 entry. Equity gained on principal adds $909/yr, while 5% annual appreciation builds toward $38,928 over five years. Five-year ROI reaches 160.92% and total cumulative return in cash sums $75,161. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,345/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
7,888 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
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