1290 S Hartshorn RdLakeside 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 1290 S Hartshorn Rd, Lakeside Marblehead, OH, 43440 priced at $789,000 pairs $5,940/mo rent with $750/mo cash flow after a $3,862/mo payment. Total monthly income equals $5,940/mo, and annual cash flow comes to $8,998/yr on $259,581 invested. Return on cash invested is 23.53% in year one, and rental yield stands at 9.03% on a $789,000 basis. Equity gained on principal adds $5,091/yr, and 5% annual appreciation accumulates to $217,986 by year five. Five-year ROI measures 122.72% and total cumulative return in cash reaches $318,550. For financing, Ziffy Mortgage’s DSCR program evaluates $5,940/mo property income against a $3,862/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
1.20 Acres lot
$N/A/sqft
No 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: Stephanie L. Burns • Keller Williams Elevate-Lakesi
Mls Name: Firelands MLS
Mls ID: #20250271
Disclaimer: Listing information is deemed reliable, but not guaranteed.