107 Legends LnLakeside MarbleheadOH43440
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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
Investment property for sale in Lakeside Marblehead at 107 Legends Ln, Lakeside Marblehead, OH, 43440 at $396,000 posts ROI 20.08% with $18/mo cash flow from $2,995/mo rent. Total monthly income equals $2,995/mo, and annual cash flow records $221/yr on $131,274 to close. Return on cash invested measures 20.08% and rental yield reads 9.08% at the current $396,000. Equity gained on principal adds $2,555/yr, and 5% annual appreciation supports $109,408 by year five. Five-year ROI prints 105.5% and total cumulative return in cash totals $138,500.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,995/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1999
N/A lot
$N/A/sqft
$372 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43440, Lakeside Marblehead, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,786 (100%) |
| Owner Occupied HU | 1,948 (28.7%) |
| Renter Occupied HU | 366 ( 5.4%) |
| Vacant Housing Units | 4,472 (65.9%) |
| Median Home Value | $290,345 |
| Average Home Value | $375,601 |
Housing Distribution
Address Breakdown
Residential
4,986
Single Family
4,248
Multi-Family
738
Businesses
230
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Listed by: Kyle M. Recker • Howard Hanna - Port Clinton
Mls Name: Firelands MLS
Mls ID: #20253053
Disclaimer: Listing information is deemed reliable, but not guaranteed.