2089 S Willow Cove Dr, Lakeside Marblehead, OH, 43440 | $2,838/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lakeside Marblehead at 2089 S Willow Cove Dr, Lakeside Marblehead, OH, 43440 uses $155,474 cash to close to unlock $34,054/yr annual cash flow and $2,838/mo monthly cash flow. Total monthly income runs $5,940/mo, and a $2,296/mo payment keeps the spread at $2,838/mo. Purchase price stands at $469,000, and rental yield measures 15.2% with $5,940/mo rent. Return on cash invested shows 41.81% in year one, and 5% annual appreciation builds toward $129,576 over five years. Five-year ROI reaches 220.85% and total cumulative return in cash records $343,363. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,940/mo property income covering a $2,296/mo payment rather than investor’s personal income.

Single Family

Built in 1960

5,000 sqft lot

$N/A/sqft

$200 annually HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 43440, Lakeside Marblehead, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,786 (100%)
Owner Occupied HU	1,948 (28.7%)
Renter Occupied HU	366 ( 5.4%)
Vacant Housing Units	4,472 (65.9%)
Median Home Value	$290,345
Average Home Value	$375,601