3102 State Rd,Vermilion,OH,44089

Investment Highlights

Rental property for sale in Vermilion at 3102 State Rd, Vermilion, OH, 44089 offers $2,256/mo rent that, after a $1,490/mo payment, leaves $253/mo cash flow. Total monthly income is $2,256/mo, and annual cash flow is $3,041/yr on $100,942 cash. Return on cash invested measures 22.92% in year one, and rental yield stands at 8.89% at a $304,500 entry. Equity gained on principal adds $1,965/yr while 5% annual appreciation compounds into $84,128 by year five. Five-year ROI records 119.53% and total cumulative return in cash reaches $120,657. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,256/mo property income versus a $1,490/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.