224 E Jefferson St,Sandusky,OH,44870

Investment Highlights

Rental property for sale in Sandusky at 224 E Jefferson St, Sandusky, OH, 44870 priced at $205,000 converts $1,467/mo rent into $119/mo cash flow after a $1,003/mo obligation. Total monthly income equals $1,467/mo, and annual cash flow totals $1,427/yr on $67,958 invested. Return on cash invested prints 22.01% in year one, and rental yield reads 8.59% against a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation compiles into $56,638 by year five. Five-year ROI reaches 114.57% and total cumulative return in cash sums $77,862. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,467/mo property income covering a $1,003/mo payment, not borrower’s personal income.