13011 W Lake Rd APT 15, Vermilion, OH, 44089 | 8.64% Rental Yield

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Vermilion at 13011 W Lake Rd APT 15, Vermilion, OH, 44089 earns from $2,664/mo rent with a $1,811/mo payment. Total monthly income totals $2,664/mo. ROI tracks 18.69% on current figures, and rental yield reads 8.64% at a $370,000 purchase. Equity gained on principal adds $2,388/yr, and 5% annual appreciation supports $102,224 over five years. Five-year ROI reaches 98.09% and total cumulative return in cash sums $120,317. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,664/mo property income instead of your personal income.

Condo

Built in 1986

N/A lot

$N/A/sqft

$355 monthly HOA