146 N Harbors End Dr #21APort ClintonOH43452
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 Port Clinton at 146 N Harbors End Dr #21A, Port Clinton, OH, 43452 uses $89,505 cash to close to unlock $558/yr annual cash flow and $47/mo monthly cash flow. Total monthly income runs $1,823/mo, and a $1,322/mo payment keeps the spread at $47/mo. Purchase price stands at $270,000, and rental yield measures 8.1% with $1,823/mo rent. Return on cash invested shows 20.53% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 106.72% and total cumulative return in cash records $95,521. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,823/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43452, Port Clinton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,612 (100%) |
| Owner Occupied HU | 4,802 (45.3%) |
| Renter Occupied HU | 1,547 (14.6%) |
| Vacant Housing Units | 4,263 (40.2%) |
| Median Home Value | $218,954 |
| Average Home Value | $293,088 |
Housing Distribution
Address Breakdown
Residential
8,720
Single Family
8,149
Multi-Family
571
Businesses
738
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Renee M. Stine • Century 21 Bolte Real Estate
Mls Name: Firelands MLS
Mls ID: #20254361