216 Marion AveHuronOH44839
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Huron at 216 Marion Ave, Huron, OH, 44839 priced at $289,000 converts $1,999/mo rent into $98/mo cash flow after a $1,415/mo obligation. Total monthly income equals $1,999/mo, and annual cash flow totals $1,170/yr on $95,804 invested. Return on cash invested prints 21.13% in year one, and rental yield reads 8.3% against a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation compiles into $79,845 by year five. Five-year ROI reaches 109.91% and total cumulative return in cash sums $105,302. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,999/mo property income covering a $1,415/mo payment, not borrower’s personal income.
Single Family
Built in 1964
6,230 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices