1605 Carr StSanduskyOH44870
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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
Rental property for sale in Sandusky at 1605 Carr St, Sandusky, OH, 44870 priced at $100,000 converts $840/mo rent into $183/mo cash flow after a $489/mo obligation. Total monthly income equals $840/mo, and annual cash flow totals $2,192/yr on $33,150 invested. Return on cash invested prints 26.52% in year one, and rental yield reads 10.08% against a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation compiles into $27,628 by year five. Five-year ROI reaches 138.84% and total cumulative return in cash sums $46,024. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $840/mo property income covering a $489/mo payment, not borrower’s personal income.
Single Family
Built in 1945
2,914 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Tammy S Frazier • Russell Real Estate Services
Mls Name: MLS Now
Mls Provider:
Mls ID: #5106383
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