Somerville Plan, AshlandJeromesvilleOH44840
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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
Investment Highlights
Investment property for sale in Jeromesville at Somerville Plan, Ashland, Jeromesville, OH, 44840 offers a 8.17% rental yield on a $207,150 purchase with $1,410/mo rent. Total monthly income registers $1,410/mo, and a $1,014/mo payment leaves $47/mo available for distribution. Annual cash flow reaches $568/yr on $68,670 to close, and return on cash invested stands at 20.74% in year one. Equity gained on principal adds $1,337/yr while 5% annual appreciation supports $57,232 over five years. Portfolio math shows five-year ROI at 107.81% and total cumulative return in cash at $74,037. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,410/mo property income against a $1,014/mo payment rather than investor’s personal income documents like 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
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Listed by: N/A • Wayne Homes
Mls Name: Wayne Homes
Mls Provider:
Mls ID: #N/A