273 N Lighthouse OvalLakeside MarbleheadOH43440
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lakeside Marblehead at 273 N Lighthouse Oval, Lakeside Marblehead, OH, 43440 priced at $555,985 converts $1,751/mo rent into after a $2,721/mo obligation. Total monthly income equals $1,751/mo. Return on cash invested prints 7.56% in year one, and rental yield reads 3.78% against a $555,985 entry. Equity gained on principal adds $3,588/yr, while 5% annual appreciation compiles into $153,608 by year five. Five-year ROI reaches 37.1% and total cumulative return in cash sums $67,865. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,751/mo property income covering a $2,721/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43440, Lakeside Marblehead, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,786 (100%) |
| Owner Occupied HU | 1,948 (28.7%) |
| Renter Occupied HU | 366 ( 5.4%) |
| Vacant Housing Units | 4,472 (65.9%) |
| Median Home Value | $290,345 |
| Average Home Value | $375,601 |
Housing Distribution
Address Breakdown
Residential
4,986
Single Family
4,248
Multi-Family
738
Businesses
230
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Listed by: N/A • K Hovnanian Homes
Mls Name: K. Hovnanian Companies, LLC
Mls Provider:
Mls ID: #N/A