961 Avalon DrAshlandOH44805
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 961 Avalon Dr, Ashland, OH, 44805 listed at $197,700 pairs $1,288/mo rent with a $968/mo payment. Total monthly income runs $1,288/mo. Return on cash invested measures 19.67% in year one, and rental yield registers 7.82% at a $197,700 basis. Equity gained on principal adds $1,276/yr, and annual property appreciation at 5% supports $54,621 by year five. Five-year ROI tracks 102.16% and total cumulative return in cash totals $66,954. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,288/mo property income relative to a $968/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1992
N/A 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