218 Short 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 218 Short St, Pt Clinton, OH, 43452 uses $71,273 cash to close to unlock $7,741/yr annual cash flow and $645/mo monthly cash flow. Total monthly income runs $2,059/mo, and a $1,052/mo payment keeps the spread at $645/mo. Purchase price stands at $215,000, and rental yield measures 11.49% with $2,059/mo rent. Return on cash invested shows 30.77% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 161.67% and total cumulative return in cash records $115,225. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,059/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 1910
5,000 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: Dawn M. Taylor • Keller Williams Citywide-PC
Mls Name: Firelands MLS
Mls ID: #20243668
Disclaimer: Listing information is deemed reliable, but not guaranteed.