1361 Cleveland Rd W UNIT CHuronOH44839
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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 1361 Cleveland Rd W UNIT C, Huron, OH, 44839 listed at $225,000 pairs $1,920/mo rent with a $1,101/mo payment to leave $440/mo cash flow. Total monthly income runs $1,920/mo, and annual cash flow reaches $5,283/yr on $74,588 cash to close. Return on cash invested measures 26.99% in year one, and rental yield registers 10.24% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 141.38% and total cumulative return in cash totals $105,453. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,920/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1975
2.40 Acres 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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