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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 Ada at 803 Union St, Ada, OH, 45810 offers $2,237/mo rent that, after a $1,860/mo payment. Total monthly income is $2,237/mo. Return on cash invested measures 17.41% in year one, and rental yield stands at 7.06% at a $380,000 entry. Equity gained on principal adds $2,452/yr while 5% annual appreciation compounds into $104,987 by year five. Five-year ROI records 89.95% and total cumulative return in cash reaches $113,305. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,237/mo property income versus a $1,860/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45810, Ada, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,039 (100%) |
| Owner Occupied HU | 1,684 (55.4%) |
| Renter Occupied HU | 947 (31.2%) |
| Vacant Housing Units | 408 (13.4%) |
| Median Home Value | $176,923 |
| Average Home Value | $194,590 |
Residential
2,636
Single Family
2,541
Multi-Family
95
Businesses
148
Date | Event | Price |
|---|---|---|
| 2024-12-30 | Listed for sale | $380,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-15 | $3525.48 | 5.77% | $92,420 | 21.81% |
| 2022-02-15 | $3333.10 | -9.16% | $75,870 | N/A |
| 2021-02-15 | $3669.30 | 9.97% | $75,870 | N/A |
Listed by: Becky Neville • Century 21 Sunway Realty
Mls Name: NORIS
Mls ID: #6124514
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. 2025 NORIS. All rights reserved.
