2514 Old Lake RdHuronOH44839
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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 Huron at 2514 Old Lake Rd, Huron, OH, 44839 uses $213,850 cash to close to unlock $19,534/yr annual cash flow and $1,628/mo monthly cash flow. Total monthly income runs $5,903/mo, and a $3,181/mo payment keeps the spread at $1,628/mo. Purchase price stands at $650,000, and rental yield measures 10.9% with $5,903/mo rent. Return on cash invested shows 29.19% in year one, and 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 153.11% and total cumulative return in cash records $327,434. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,903/mo property income covering a $3,181/mo payment rather than investor’s personal income.
Single Family
Built in 1957
2.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44839, Huron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,767 (100%) |
| Owner Occupied HU | 4,334 (64.0%) |
| Renter Occupied HU | 1,088 (16.1%) |
| Vacant Housing Units | 1,345 (19.9%) |
| Median Home Value | $277,979 |
| Average Home Value | $291,248 |
Housing Distribution
Address Breakdown
Residential
5,963
Single Family
5,624
Multi-Family
339
Businesses
397
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