119 Stonyridge Dr APT 104,Sandusky,OH,44870

Investment Highlights

Investment property for sale in Sandusky at 119 Stonyridge Dr APT 104, Sandusky, OH, 44870 offers a 9.45% rental yield on a $122,500 purchase with $965/mo rent. Total monthly income registers $965/mo, and a $600/mo payment leaves $159/mo available for distribution. Annual cash flow reaches $1,905/yr on $40,609 to close, and return on cash invested stands at 24.6% in year one. Equity gained on principal adds $790/yr while 5% annual appreciation supports $33,844 over five years. Portfolio math shows five-year ROI at 128.54% and total cumulative return in cash at $52,200. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $965/mo property income against a $600/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.