1019 Jackson St,Vermilion,OH,44089

Investment Highlights

Investment property for sale in Vermilion at 1019 Jackson St, Vermilion, OH, 44089 listed at $279,900 pairs $2,400/mo rent with a $1,370/mo payment to leave $559/mo cash flow. Total monthly income runs $2,400/mo, and annual cash flow reaches $6,706/yr on $92,787 cash to close. Return on cash invested measures 27.14% in year one, and rental yield registers 10.29% at a $279,900 basis. Equity gained on principal adds $1,806/yr, and annual property appreciation at 5% supports $77,331 by year five. Five-year ROI tracks 142.11% and total cumulative return in cash totals $131,857. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,400/mo property income relative to a $1,370/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).