200 E 6th StPt 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
Investment property for sale in Pt Clinton at 200 E 6th St, Pt Clinton, OH, 43452 offers a 18.15% rental yield on a $119,000 purchase with $1,800/mo rent. Total monthly income registers $1,800/mo, and a $582/mo payment leaves $1,018/mo available for distribution. Annual cash flow reaches $12,212/yr on $39,449 to close, and return on cash invested stands at 50.87% in year one. Equity gained on principal adds $768/yr while 5% annual appreciation supports $32,878 over five years. Portfolio math shows five-year ROI at 269.41% and total cumulative return in cash at $106,277. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,800/mo property income against a $582/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
6,751 sqft 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 |
Housing Distribution
Address Breakdown
Residential
8,720
Single Family
8,149
Multi-Family
571
Businesses
738
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Listed by: John R. Sheppard • Key Realty
Mls Name: Firelands MLS
Mls ID: #20253179