2656 E Harbor Rd #1Pt 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
Rental property for sale in Pt Clinton at 2656 E Harbor Rd #1, Pt Clinton, OH, 43452 generates $3,700/mo in rent and, after a $1,003/mo payment, leaves $2,252/mo in cash flow. Total monthly income is $3,700/mo, and annual cash flow is $27,023/yr on $67,958 invested. Return on cash invested sits at 59.67% in year one, and rental yield is 21.66% on a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 317.22% and total cumulative return in cash sums $215,574. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,700/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
N/A lot
$N/A/sqft
$1,200 annually 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: Raven Cramer • Key Realty
Mls Name: Firelands MLS
Mls ID: #20240331
Disclaimer: Listing information is deemed reliable, but not guaranteed.