119 Stonyridge Dr APT 103,Sandusky,OH,44870

Investment Highlights

Investment property for sale in Sandusky at 119 Stonyridge Dr APT 103, Sandusky, OH, 44870 offers a 14.03% rental yield on a $132,900 purchase with $1,554/mo rent. Total monthly income registers $1,554/mo, and a $650/mo payment leaves $500/mo available for distribution. Annual cash flow reaches $6,003/yr on $44,056 to close, and return on cash invested stands at 33.54% in year one. Equity gained on principal adds $858/yr while 5% annual appreciation supports $36,718 over five years. Portfolio math shows five-year ROI at 178.27% and total cumulative return in cash at $78,541. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,554/mo property income against a $650/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.