400 Country Meadows DrOak HarborOH43449
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Nearby investment properties with comparable prices
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 Oak Harbor at 400 Country Meadows Dr, Oak Harbor, OH, 43449 offers $2,677/mo rent that, after a $1,459/mo payment, leaves $716/mo cash flow. Total monthly income is $2,677/mo, and annual cash flow is $8,596/yr on $98,787 cash. Return on cash invested measures 28.61% in year one, and rental yield stands at 10.78% at a $298,000 entry. Equity gained on principal adds $1,923/yr while 5% annual appreciation compounds into $82,332 by year five. Five-year ROI records 150.05% and total cumulative return in cash reaches $148,232. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,677/mo property income versus a $1,459/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2001
N/A 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: Nicole A. Sweet • Howard Hanna- Oak Harbor
Mls Name: Firelands MLS
Mls ID: #20254385