Covington Plan, AshlandJeromesvilleOH44840
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 Jeromesville at Covington Plan, Ashland, Jeromesville, OH, 44840 at $371,500 posts ROI 32.01% with $1,242/mo cash flow from $3,685/mo rent. Total monthly income equals $3,685/mo, and annual cash flow records $14,900/yr on $123,152 to close. Return on cash invested measures 32.01% and rental yield reads 11.9% at the current $371,500. Equity gained on principal adds $2,397/yr, and 5% annual appreciation supports $102,639 by year five. Five-year ROI prints 168.24% and total cumulative return in cash totals $207,188.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,685/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44840, Jeromesville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,258 (100%) |
| Owner Occupied HU | 1,010 (80.3%) |
| Renter Occupied HU | 201 (16.0%) |
| Vacant Housing Units | 47 ( 3.7%) |
| Median Home Value | $230,201 |
| Average Home Value | $255,050 |
Housing Distribution
Address Breakdown
Residential
1,039
Single Family
1,039
Multi-Family
0
Businesses
55
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Listed by: N/A • Wayne Homes
Mls Name: Wayne Homes
Mls Provider:
Mls ID: #N/A