3131 S State Route 19Oak HarborOH43449
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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 Oak Harbor at 3131 S State Route 19, Oak Harbor, OH, 43449 earns $64/mo cash flow from $1,116/mo rent with a $783/mo payment. Total monthly income totals $1,116/mo, and annual cash flow totals $764/yr on $53,040 capital. ROI tracks 21.35% on current figures, and rental yield reads 8.37% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 111.09% and total cumulative return in cash sums $58,922. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,116/mo property income instead of your personal income.
Single Family
Built in 1947
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43449, Oak Harbor, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,415 (100%) |
| Owner Occupied HU | 2,850 (64.6%) |
| Renter Occupied HU | 687 (15.6%) |
| Vacant Housing Units | 878 (19.9%) |
| Median Home Value | $206,961 |
| Average Home Value | $255,768 |
Housing Distribution
Address Breakdown
Residential
3,988
Single Family
3,842
Multi-Family
146
Businesses
218
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Listed by: Diana L Johnson • Key Realty
Mls Name: NORIS
Mls ID: #10002492