218 Lakefront DrLakeside MarbleheadOH43440
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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 Lakeside Marblehead at 218 Lakefront Dr, Lakeside Marblehead, OH, 43440 earns from $1,800/mo rent with a $5,869/mo payment. Total monthly income totals $1,800/mo. ROI tracks 1.57% on current figures, and rental yield reads 1.8% at a $1,199,000 purchase. Equity gained on principal adds $7,737/yr, and 5% annual appreciation supports $331,262 over five years. Five-year ROI reaches 4.9% and total cumulative return in cash sums $19,053. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,800/mo property income instead of your personal income.
Single Family
Built in 1900
1,219 sqft lot
$N/A/sqft
No 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 |
Housing Distribution
Address Breakdown
Residential
4,986
Single Family
4,248
Multi-Family
738
Businesses
230
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Listed by: Jill M. O'Neal • Keller Williams Elevate-Lakesi
Mls Name: Firelands MLS
Mls ID: #20243755