








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Ashland at 940 Avalon Dr, Ashland, OH, 44805 at $179,900 posts ROI 12.31% with from $1,006/mo rent. Total monthly income equals $1,006/mo. Return on cash invested measures 12.31% and rental yield reads 6.71% at the current $179,900. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 by year five. Five-year ROI prints 64.1% and total cumulative return in cash totals $38,229. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,006/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1990
N/A lot
$N/A/sqft
$200 monthly 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 |
|---|---|---|
| 2025-08-26 | Listed for sale | $179,900 |
| 2025-05-13 | Sold | $182,000 |
| 2025-04-22 | Pending sale | $179,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-27 | $1644.34 | 0.00% | $47,620 | N/A |
| 2023-08-27 | $1644.28 | -0.67% | $47,620 | 25.02% |
| 2022-08-27 | $1655.34 | 38.29% | $38,090 | N/A |



Listed by: Shannon Hill • RE/MAX Showcase
Mls Name: MLS Now
Mls Provider:
Mls ID: #5151233
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2025 - Multiple Listing Service, Inc. All Rights Reserved.