1723 Lake Forest DrHuronOH44839
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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 Huron at 1723 Lake Forest Dr, Huron, OH, 44839 uses $116,025 cash to close to unlock $2,138/yr annual cash flow and $178/mo monthly cash flow. Total monthly income runs $2,806/mo, and a $1,713/mo payment keeps the spread at $178/mo. Purchase price stands at $350,000, and rental yield measures 9.62% with $2,806/mo rent. Return on cash invested shows 21.75% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 114.48% and total cumulative return in cash records $132,830. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,806/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
$977 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44839, Huron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,767 (100%) |
| Owner Occupied HU | 4,334 (64.0%) |
| Renter Occupied HU | 1,088 (16.1%) |
| Vacant Housing Units | 1,345 (19.9%) |
| Median Home Value | $277,979 |
| Average Home Value | $291,248 |
Housing Distribution
Address Breakdown
Residential
5,963
Single Family
5,624
Multi-Family
339
Businesses
397
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