2855 N Canterbury Cir #APt ClintonOH43452
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 Pt Clinton at 2855 N Canterbury Cir #A, Pt Clinton, OH, 43452 offers $1,200/mo rent that, after a $2,313/mo payment. Total monthly income is $1,200/mo. Return on cash invested measures 5.29% in year one, and rental yield stands at 3.05% at a $472,500 entry. Equity gained on principal adds $3,049/yr while 5% annual appreciation compounds into $130,543 by year five. Five-year ROI records 24.95% and total cumulative return in cash reaches $39,074. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,200/mo property income versus a $2,313/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2006
6,185 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy L. Rizer • Century 21 Bolte Real Estate
Mls Name: Firelands MLS
Mls ID: #20253319
Disclaimer: Listing information is deemed reliable, but not guaranteed.