1311 Cleveland Rd W APT 3HuronOH44839
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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
Investment property for sale in Huron at 1311 Cleveland Rd W APT 3, Huron, OH, 44839 earns $311/mo cash flow from $1,920/mo rent with a $1,197/mo payment. Total monthly income totals $1,920/mo, and annual cash flow totals $3,737/yr on $81,052 capital. ROI tracks 24.52% on current figures, and rental yield reads 9.42% at a $244,500 purchase. Equity gained on principal adds $1,578/yr, and 5% annual appreciation supports $67,551 over five years. Five-year ROI reaches 128.11% and total cumulative return in cash sums $103,835. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,920/mo property income instead of your personal income.
Condo
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44839, Huron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,767 (100%) |
| Owner Occupied HU | 4,334 (64.0%) |
| Renter Occupied HU | 1,088 (16.1%) |
| Vacant Housing Units | 1,345 (19.9%) |
| Median Home Value | $277,979 |
| Average Home Value | $291,248 |
Housing Distribution
Address Breakdown
Residential
5,963
Single Family
5,624
Multi-Family
339
Businesses
397
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