1623 NE Catawba Rd LOT 137, Pt Clinton, OH, 43452 | $483/mo Cash Flow

For Sale

Airbnb Potential

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Pt Clinton at 1623 NE Catawba Rd LOT 137, Pt Clinton, OH, 43452 offers a 11.76% rental yield on a $149,900 purchase with $1,469/mo rent. Total monthly income registers $1,469/mo, and a $734/mo payment leaves $483/mo available for distribution. Annual cash flow reaches $5,792/yr on $49,692 to close, and return on cash invested stands at 31.56% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 165.9% and total cumulative return in cash at $82,439. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,469/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1968

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