144 Portage StOak HarborOH43449
Nearby investment properties with comparable rents
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
Investment property for sale in Oak Harbor at 144 Portage St, Oak Harbor, OH, 43449 at $199,000 posts ROI 37.64% with $975/mo cash flow from $2,284/mo rent. Total monthly income equals $2,284/mo, and annual cash flow records $11,700/yr on $65,969 to close. Return on cash invested measures 37.64% and rental yield reads 13.77% at the current $199,000. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 by year five. Five-year ROI prints 198.54% and total cumulative return in cash totals $130,974.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,284/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1959
10,001 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: Robert Kinsey • Russell Real Estate Services
Mls Name: Firelands MLS
Mls ID: #20242519
Disclaimer: Listing information is deemed reliable, but not guaranteed.