312 Sycamore AveLakeside MarbleheadOH43440
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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 Lakeside Marblehead at 312 Sycamore Ave, Lakeside Marblehead, OH, 43440 generates $1,642/mo in rent, after a $1,957/mo payment. Total monthly income is $1,642/mo. Return on cash invested sits at 9.8% in year one, and rental yield is 4.93% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 49.58% and total cumulative return in cash sums $65,732. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,642/mo property income rather than buyer’s personal income.
Single Family
Built in 1882
1,054 sqft lot
$N/A/sqft
$385 quarterly 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: Lisa H. Deuschle • Street Sotheby's Intern. - Cat
Mls Name: Firelands MLS
Mls ID: #20252661
Disclaimer: Listing information is deemed reliable, but not guaranteed.