10850 E Bayshore Road Cardinal Blvd #85MarbleheadOH43440
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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 Marblehead at 10850 E Bayshore Road Cardinal Blvd #85, Marblehead, OH, 43440 uses $180,917 cash to close to unlock $11,404/yr annual cash flow and $950/mo monthly cash flow. Total monthly income runs $4,802/mo, and a $2,691/mo payment keeps the spread at $950/mo. Purchase price stands at $549,900, and rental yield measures 10.48% with $4,802/mo rent. Return on cash invested shows 26.36% in year one, and 5% annual appreciation builds toward $151,927 over five years. Five-year ROI reaches 138.51% and total cumulative return in cash records $250,586. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,802/mo property income covering a $2,691/mo payment rather than investor’s personal income.
Single Family
Built in 2024
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: #224038018
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.