188 Driftwood DrPt ClintonOH43452
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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 Pt Clinton at 188 Driftwood Dr, Pt Clinton, OH, 43452 priced at $167,500 pairs $1,193/mo rent with after a $820/mo payment. Total monthly income equals $1,193/mo. Return on cash invested is 13.02% in year one, and rental yield stands at 8.55% on a $167,500 basis. Equity gained on principal adds $1,081/yr, and 5% annual appreciation accumulates to $46,277 by year five. Five-year ROI measures 69.7% and total cumulative return in cash reaches $38,704. For financing, Ziffy Mortgage’s DSCR program evaluates $1,193/mo property income against a $820/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2001
N/A lot
$N/A/sqft
$410 monthly 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 |
Housing Distribution
Address Breakdown
Residential
8,720
Single Family
8,149
Multi-Family
571
Businesses
738
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Listed by: Lisa J. Horman • Howard Hanna - Port Clinton
Mls Name: Firelands MLS
Mls ID: #20253420
Disclaimer: Listing information is deemed reliable, but not guaranteed.