10850 E Bayshore Rd #55Lakeside MarbleheadOH43440
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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
Rental property for sale in Lakeside Marblehead at 10850 E Bayshore Rd #55, Lakeside Marblehead, OH, 43440 generates $4,369/mo in rent and, after a $2,687/mo payment, leaves $523/mo in cash flow. Total monthly income is $4,369/mo, and annual cash flow is $6,274/yr on $180,621 invested. Return on cash invested sits at 23.53% in year one, and rental yield is 9.55% on a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation builds toward $151,679 over five years. Five-year ROI reaches 123.33% and total cumulative return in cash sums $222,752. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,369/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
N/A lot
$N/A/sqft
$235 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: Scott E Street • Street Sotheby's International
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225007274
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.