1600 N Buck Rd LOT 35Lakeside MarbleheadOH43440
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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 Lakeside Marblehead at 1600 N Buck Rd LOT 35, Lakeside Marblehead, OH, 43440 uses $51,349 cash to close to unlock $1,719/yr annual cash flow and $143/mo monthly cash flow. Total monthly income runs $1,162/mo, and a $758/mo payment keeps the spread at $143/mo. Purchase price stands at $154,900, and rental yield measures 9% with $1,162/mo rent. Return on cash invested shows 23.26% in year one, and 5% annual appreciation builds toward $42,796 over five years. Five-year ROI reaches 121.37% and total cumulative return in cash records $62,324. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,162/mo property income covering a $758/mo payment rather than investor’s personal income.
Manufactured
Built in 1968
6,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43440, Lakeside Marblehead, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,786 (100%) |
| Owner Occupied HU | 1,948 (28.7%) |
| Renter Occupied HU | 366 ( 5.4%) |
| Vacant Housing Units | 4,472 (65.9%) |
| Median Home Value | $290,345 |
| Average Home Value | $375,601 |
Housing Distribution
Address Breakdown
Residential
4,986
Single Family
4,248
Multi-Family
738
Businesses
230
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Listed by: Stephanie Yarbrough • Howard Hanna - Port Clinton
Mls Name: Firelands MLS
Mls ID: #20260200