3023 Great Lakes LnOregonOH43616
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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 Oregon at 3023 Great Lakes Ln, Oregon, OH, 43616 listed at $354,990 pairs $1,800/mo rent with a $1,738/mo payment. Total monthly income runs $1,800/mo. Return on cash invested measures 14.2% in year one, and rental yield registers 6.08% at a $354,990 basis. Equity gained on principal adds $2,291/yr, and annual property appreciation at 5% supports $98,077 by year five. Five-year ROI tracks 72.87% and total cumulative return in cash totals $85,748. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,800/mo property income relative to a $1,738/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
6,534 sqft lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43616, Oregon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,138 (100%) |
| Owner Occupied HU | 6,282 (68.7%) |
| Renter Occupied HU | 2,331 (25.5%) |
| Vacant Housing Units | 525 ( 5.7%) |
| Median Home Value | $221,729 |
| Average Home Value | $253,184 |
Housing Distribution
Address Breakdown
Residential
9,068
Single Family
7,759
Multi-Family
1,309
Businesses
615
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Listed by: Gregory Erlanger • Keller Williams Citywide
Mls Name: NORIS
Mls ID: #6124560
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2025 NORIS. All rights reserved.