165 Finke RdOak HarborOH43449
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Oak Harbor at 165 Finke Rd, Oak Harbor, OH, 43449 priced at $329,900 pairs $2,393/mo rent with $223/mo cash flow after a $1,615/mo payment. Total monthly income equals $2,393/mo, and annual cash flow comes to $2,672/yr on $109,362 invested. Return on cash invested is 22.35% in year one, and rental yield stands at 8.7% on a $329,900 basis. Equity gained on principal adds $2,129/yr, and 5% annual appreciation accumulates to $91,145 by year five. Five-year ROI measures 116.46% and total cumulative return in cash reaches $127,359. For financing, Ziffy Mortgage’s DSCR program evaluates $2,393/mo property income against a $1,615/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1913
0.33 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shelly Schultz • Weichert-Morgan Realty Grp
Mls Name: NORIS
Mls ID: #10002470