382 E Main StOak 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
Total monthly income runs $1,020/mo, and a $832/mo payment. Purchase price stands at $169,900, and rental yield measures 7.2% with $1,020/mo rent. Return on cash invested shows 17.82% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 92.15% and total cumulative return in cash records $51,902. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,020/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1952
9,034 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: Steven S. Johnson • Wendt Key Team Realty
Mls Name: Firelands MLS
Mls ID: #20253707
Disclaimer: Listing information is deemed reliable, but not guaranteed.