15 E Sprucewood Dr,Sandusky,OH,44870

Investment Highlights

Rental property for sale in Sandusky at 15 E Sprucewood Dr, Sandusky, OH, 44870 priced at $161,000 pairs $2,014/mo rent with $955/mo cash flow after a $788/mo payment. Total monthly income equals $2,014/mo, and annual cash flow comes to $11,460/yr on $53,372 invested. Return on cash invested is 41.38% in year one, and rental yield stands at 15.01% on a $161,000 basis. Equity gained on principal adds $1,039/yr, and 5% annual appreciation accumulates to $44,481 by year five. Five-year ROI measures 218.46% and total cumulative return in cash reaches $116,595. For financing, Ziffy Mortgage’s DSCR program evaluates $2,014/mo property income against a $788/mo payment instead of your W2s, 1099s, or Tax returns.