Lexington IV 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
Rental property for sale in Jeromesville at Lexington IV Plan, Ashland, Jeromesville, OH, 44840 offers $1,519/mo rent that, after a $1,044/mo payment, leaves $116/mo cash flow. Total monthly income is $1,519/mo, and annual cash flow is $1,389/yr on $70,742 cash. Return on cash invested measures 21.87% in year one, and rental yield stands at 8.54% at a $213,400 entry. Equity gained on principal adds $1,377/yr while 5% annual appreciation compounds into $58,958 by year five. Five-year ROI records 113.88% and total cumulative return in cash reaches $80,559. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,519/mo property income versus a $1,044/mo payment rather than borrower’s personal income verification through W2s, Salary slips, 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Wayne Homes
Mls Name: Wayne Homes
Mls Provider:
Mls ID: #N/A