130 E Main StOak HarborOH43449
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Nearby investment properties with comparable prices
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 Oak Harbor at 130 E Main St, Oak Harbor, OH, 43449 offers $1,597/mo rent that, after a $807/mo payment, leaves $512/mo cash flow. Total monthly income is $1,597/mo, and annual cash flow is $6,149/yr on $54,664 cash. Return on cash invested measures 31.16% in year one, and rental yield stands at 11.62% at a $164,900 entry. Equity gained on principal adds $1,064/yr while 5% annual appreciation compounds into $45,559 by year five. Five-year ROI records 163.75% and total cumulative return in cash reaches $89,512. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,597/mo property income versus a $807/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
8,398 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43449, Oak Harbor, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,415 (100%) |
| Owner Occupied HU | 2,850 (64.6%) |
| Renter Occupied HU | 687 (15.6%) |
| Vacant Housing Units | 878 (19.9%) |
| Median Home Value | $206,961 |
| Average Home Value | $255,768 |
Housing Distribution
Address Breakdown
Residential
3,988
Single Family
3,842
Multi-Family
146
Businesses
218
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Listed by: Lisa H. Deuschle • Street Sotheby's Intern. - Cat
Mls Name: Firelands MLS
Mls ID: #20250941
Disclaimer: Listing information is deemed reliable, but not guaranteed.