166 Mariners CvPut In BayOH43456
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 Put In Bay at 166 Mariners Cv, Put In Bay, OH, 43456 priced at $295,000 converts $1,513/mo rent into after a $1,444/mo obligation. Total monthly income equals $1,513/mo. Return on cash invested prints 14.66% in year one, and rental yield reads 6.15% against a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation compiles into $81,503 by year five. Five-year ROI reaches 75.23% and total cumulative return in cash sums $73,574. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,513/mo property income covering a $1,444/mo payment, not borrower’s personal income.
Single Family
Built in 1995
3,959 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43456, Put In Bay, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,146 (100%) |
| Owner Occupied HU | 272 (23.7%) |
| Renter Occupied HU | 79 ( 6.9%) |
| Vacant Housing Units | 795 (69.4%) |
| Median Home Value | $465,217 |
| Average Home Value | $563,943 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
72
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Donahue • Put-in-Bay Island Real Estate
Mls Name: Firelands MLS
Mls ID: #20252314