151 E Ottawa 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 151 E Ottawa St, Oak Harbor, OH, 43449 listed at $199,900 pairs $1,776/mo rent with a $978/mo payment to leave $462/mo cash flow. Total monthly income runs $1,776/mo, and annual cash flow reaches $5,538/yr on $66,267 cash to close. Return on cash invested measures 28.27% in year one, and rental yield registers 10.66% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 148.18% and total cumulative return in cash totals $98,197. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,776/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
0.34 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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Listed by: Lisa H. Deuschle • Street Sotheby's Intern. - Cat
Mls Name: Firelands MLS
Mls ID: #20250924
Disclaimer: Listing information is deemed reliable, but not guaranteed.