210 S Gordon DrOak HarborOH43449
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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 Oak Harbor at 210 S Gordon Dr, Oak Harbor, OH, 43449 generates $3,053/mo in rent and, after a $1,713/mo payment, leaves $751/mo in cash flow. Total monthly income is $3,053/mo, and annual cash flow is $9,010/yr on $116,025 invested. Return on cash invested sits at 27.67% in year one, and rental yield is 10.47% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 144.98% and total cumulative return in cash sums $168,218. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,053/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43449, Oak Harbor, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,415 (100%) |
| Owner Occupied HU | 2,850 (64.6%) |
| Renter Occupied HU | 687 (15.6%) |
| Vacant Housing Units | 878 (19.9%) |
| Median Home Value | $206,961 |
| Average Home Value | $255,768 |
Housing Distribution
Address Breakdown
Residential
3,988
Single Family
3,842
Multi-Family
146
Businesses
218
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Listed by: Deborah S. Heiks • Weichert, Realtors-Morgan Rlty
Mls Name: Firelands MLS
Mls ID: #20254558