105 W Water St UNIT 2B,Sandusky,OH,44870

Investment Highlights

Rental property for sale in Sandusky at 105 W Water St UNIT 2B, Sandusky, OH, 44870 priced at $420,000 converts $2,245/mo rent into after a $2,056/mo obligation. Total monthly income equals $2,245/mo. Return on cash invested prints 11.15% in year one, and rental yield reads 6.41% against a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation compiles into $116,038 by year five. Five-year ROI reaches 57.94% and total cumulative return in cash sums $80,671. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,245/mo property income covering a $2,056/mo payment, not borrower’s personal income.