2208 S Oldgate Rd,Sandusky,OH,44870

Investment Highlights

Rental property for sale in Sandusky at 2208 S Oldgate Rd, Sandusky, OH, 44870 offers $1,421/mo rent that, after a $905/mo payment, leaves $205/mo cash flow. Total monthly income is $1,421/mo, and annual cash flow is $2,455/yr on $61,328 cash. Return on cash invested measures 23.91% in year one, and rental yield stands at 9.22% at a $185,000 entry. Equity gained on principal adds $1,194/yr while 5% annual appreciation compounds into $51,112 by year five. Five-year ROI records 124.84% and total cumulative return in cash reaches $76,563. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,421/mo property income versus a $905/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.