137 Prospect StOak HarborOH43449
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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 Oak Harbor at 137 Prospect St, Oak Harbor, OH, 43449 offers a 12.79% rental yield on a $190,600 purchase with $2,032/mo rent. Total monthly income registers $2,032/mo, and a $933/mo payment leaves $778/mo available for distribution. Annual cash flow reaches $9,338/yr on $63,184 to close, and return on cash invested stands at 34.69% in year one. Equity gained on principal adds $1,230/yr while 5% annual appreciation supports $52,659 over five years. Portfolio math shows five-year ROI at 182.68% and total cumulative return in cash at $115,425. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,032/mo property income against a $933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.26 Acres 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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