Richmond II Plan, Ashland, Jeromesville, OH, 44840 | $853/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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Richmond II Plan, Ashland, Jeromesville, OH, 44840 | $853/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

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

Investment property for sale in Jeromesville at Richmond II Plan, Ashland, Jeromesville, OH, 44840 earns $853/mo cash flow from $2,569/mo rent with a $1,277/mo payment. Total monthly income totals $2,569/mo, and annual cash flow totals $10,234/yr on $86,488 capital. ROI tracks 31.74% on current figures, and rental yield reads 11.82% at a $260,900 purchase. Equity gained on principal adds $1,684/yr, and 5% annual appreciation supports $72,082 over five years. Five-year ROI reaches 166.8% and total cumulative return in cash sums $144,264. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,569/mo property income instead of your personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

TO-BE-BUILT CUSTOM HOMES ON YOUR LAND. HOMES ARE NOT PREBUILT. PRICING REFLECTS THE TO-BE-BUILT HOME ONLY, AND DOES NOT INCLUDE LAND OR LAND IMPROVEMENTS. We can build a custom home on your lot in most counties in Ohio and many counties in Pennsylvania, Michigan, West Virginia. We do not sell land, but please contact us if you are looking to acquire land for a custom home. The redesigned Richmond II puts everything thoughtfully in place. Starting with the welcoming foyer. An open staircase to the basements adds to the feeling of spaciousness, and the recessed entry creates a covered front porch. The master suite features a big walk-in closet and oversized shower. It's nicely separated from the other two bedrooms for privacy. (Which are nicely separated from each other.) And the open-concept kitchen means food and conversations are easily shared with whomever is hanging out in the great room.

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