246 N Orchard Island Dr #45Russells PtOH43348
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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 Russells Pt at 246 N Orchard Island Dr #45, Russells Pt, OH, 43348 listed at $107,500 pairs $0/mo rent with a $526/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -3.9% in year one, and rental yield registers 0% at a $107,500 basis. Equity gained on principal adds $694/yr, and annual property appreciation at 5% supports $29,700 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $526/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43348, Russells Point, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,487 (100%) |
| Owner Occupied HU | 544 (36.6%) |
| Renter Occupied HU | 261 (17.6%) |
| Vacant Housing Units | 682 (45.9%) |
| Median Home Value | $218,750 |
| Average Home Value | $284,223 |
Housing Distribution
Address Breakdown
Residential
1,039
Single Family
1,036
Multi-Family
3
Businesses
122
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No similar rental properties found nearby.
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Listed by: James Macaluso • Choice Properties Real Estate
Mls Name: WRIST
Mls ID: #1043382