942 N Parkview Cir, Ashland, OH, 44805 | $72/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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942 N Parkview Cir, Ashland, OH, 44805 | $72/mo Cash Flow | Ziffy

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Ashland at 942 N Parkview Cir, Ashland, OH, 44805 offers $1,420/mo rent that, after a $1,003/mo payment, leaves $72/mo cash flow. Total monthly income is $1,420/mo, and annual cash flow is $865/yr on $67,924 cash. Return on cash invested measures 21.18% in year one, and rental yield stands at 8.32% at a $204,900 entry. Equity gained on principal adds $1,322/yr while 5% annual appreciation compounds into $56,610 by year five. Five-year ROI records 110.24% and total cumulative return in cash reaches $74,878. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,420/mo property income versus a $1,003/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1961

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 942 N Parkview Cir, a bi-level home nestled in Ashland Schools. This 4 bed, 1 bath home boasts 1,672 sq ft of living space, with a versatile lower level offering a large rec room & 4th bedroom. Step inside to discover the kitchen featuring brand-new cabinets, stainless steel appliances, granite countertops, trendy subway tile backsplash, a new sink, faucet, & plumbing. The adjacent dining area offers a bright, open space leading to a spacious back deck through sliding glass doors. The full bath has been updated with new plumbing, ensuring peace of mind. Outside, the fenced-in backyard, complete with a cozy outdoor fireplace, is perfect for gatherings. The back deck overlooks the beautifully landscaped yard, adding to the home's curb appeal. A detached 2 car garage provides ample parking & additional storage space. Located within walking distance of Brookside Park & Brookside Golf Course, this home offers both convenience & charm. Schedule your showing today!

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