2422 Torino DrPort 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 Port Clinton at 2422 Torino Dr, Port Clinton, OH, 43452 uses $266,846 cash to close to unlock $5,936/yr annual cash flow and $495/mo monthly cash flow. Total monthly income runs $6,180/mo, and a $3,970/mo payment keeps the spread at $495/mo. Purchase price stands at $811,083, and rental yield measures 9.14% with $6,180/mo rent. Return on cash invested shows 22.28% in year one, and 5% annual appreciation builds toward $224,087 over five years. Five-year ROI reaches 116.63% and total cumulative return in cash records $311,227. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,180/mo property income covering a $3,970/mo payment rather than investor’s personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
$350 monthly 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: N/A • Sunshine Estates Builders LLC
Mls Name: Sunshine Estates Builders LLC
Mls ID: #N/A